- Data in the spotlight: Bitcoin, Ethereum, and XRP expand ETF inflows:

Bitcoin exchange-traded funds (ETFs) listed in the United States saw inflows on Wednesday, reflecting an improvement in the risk appetite of institutional investors. Data from SoSoValue shows that Bitcoin recorded minor inflows in its exchange-traded funds, amounting to $21 million on Wednesday, indicating a slight return of institutional investors.

However, the uncertainty regarding the macroeconomy, concerns about the monetary policy decision made by the Federal Reserve in December, and the lack of conviction in the market's ability to support recovery continue to undermine investor confidence while exacerbating risk-averse sentiment.

The inflows of exchange-traded funds must steadily increase to support positive sentiment and raise the chances of a consistent upward trend targeting levels above 100,000 dollars.

Statistics chart of the Bitcoin exchange-traded fund.

On the other hand, Ethereum exchange-traded funds have seen inflows for the fourth consecutive day, with approximately 61 million USD recorded on Wednesday, 79 million USD on Tuesday, 97 million USD on Monday, and 56 million USD on Friday. The total inflow volume reached 12.87 billion USD as of Wednesday, with net assets amounting to 18.88 billion USD.

Ethereum Exchange-Traded Fund Statistics Chart.

XRP exchange-traded funds recorded inflows of approximately 22 million US dollars on Wednesday, bringing their total cumulative net volume to about 644 million US dollars and their net assets to 676 million US dollars. These continuous inflows, for the ninth consecutive day, indicate institutional investors' interest in altcoin-based exchange-traded funds.

XRP Exchange-Traded Fund Flow Volume Chart