After the liquidity volatility on October 10, ETP digital asset products recorded a net outflow of about 513 million USD. Bitcoin led with 946 million USD withdrawn as investors took profit after the strong price fluctuations. In contrast, Ethereum attracted 205 million USD, thanks to new expectations regarding the approval of a spot ETF.
Solana also recorded a strong inflow of 156 million USD, reflecting increasing confidence in the ecosystem and institutional participation. XRP received 73.9 million USD, supported by positive sentiment regarding a clearer regulatory framework. Overall, although the digital asset ETP market is undergoing a short-term adjustment, the capital rotation into other tokens indicates that investor confidence remains strong, especially in anticipation of upcoming ETFs.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Capital is flowing out of Bitcoin but pouring into Ethereum, Solana, and XRP after the liquidity volatility on 10/10.
After the liquidity volatility on October 10, ETP digital asset products recorded a net outflow of about 513 million USD. Bitcoin led with 946 million USD withdrawn as investors took profit after the strong price fluctuations. In contrast, Ethereum attracted 205 million USD, thanks to new expectations regarding the approval of a spot ETF.
Solana also recorded a strong inflow of 156 million USD, reflecting increasing confidence in the ecosystem and institutional participation. XRP received 73.9 million USD, supported by positive sentiment regarding a clearer regulatory framework. Overall, although the digital asset ETP market is undergoing a short-term adjustment, the capital rotation into other tokens indicates that investor confidence remains strong, especially in anticipation of upcoming ETFs.