US Bitcoin ETFs see increased inflows despite Bitcoin's price dip, with $251 million in March cumulative gains. Some altcoins also show minor inflows.
Bitcoin ETFs See Continued Inflows Despite Price Fluctuations
US spot Bitcoin exchange-traded funds (ETFs) witnessed increased inflows on Tuesday, even as Bitcoin's price dipped below $70,000. According to SoSoValue data, spot Bitcoin (BTC) ETFs recorded $251 million in inflows, building on Monday’s $167 million in gains. This trend has continued a positive march in March, with cumulative monthly inflows reaching $1.56 billion compared to $576.6 million in outflows.
Altcoins Experience Minor Inflows Amid Bitcoin's Downtick
Some altcoins, including Ether (ETH), saw minor inflows at $12.6 million, reversing a three-day outflow streak. However, XRP (XRP) funds posted about $3.9 million in outflows, continuing a fourth consecutive session of selling. Despite the decline, the pace of redemptions has slowed compared to the larger withdrawals observed on Monday.
Goldman Sachs Emerges as Largest XRP ETF Holder
XRP ETFs have maintained a strong performance despite the asset's volatility, according to Bloomberg's ETF analyst James Seyffart. Seyffart noted that since launch, XRP ETFs have garnered a cumulative $1.4 billion in inflows. As of December 31, 2025, Goldman Sachs emerged as the largest holder of XRP ETFs, with around $154 million in assets under management. This is significantly higher than the $23 million and $5.3 million held by Millennium Management and Logan Stone Capital, respectively.
Retail Demand Drives XRP ETFs
Seyffart also highlighted that XRP ETFs are primarily driven by retail demand. Out of the total assets under management in XRP ETFs, only 15.9% are reported in 13F filings, compared to 48.8% for Solana (SOL) ETFs, which are more institutionally held. Bitcoin and Ether ETFs fall in between, with 24% and 27% of assets disclosed in filings, respectively.
Conclusion: Ongoing Positive Sentiment
The continued inflows into spot Bitcoin ETFs, despite short-term price fluctuations, indicate a sustained positive sentiment among investors. The varied performance of altcoins, such as XRP and Solana, further highlights the diverse dynamics within the cryptocurrency market.
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