- Bitcoin, Ethereum, and XRP face capital outflows amid outflows from exchange-traded funds.

- Interest in digital currency investment products has remained volatile amid the war between the United States, Israel, and Iran, which has entered its second month. On Wednesday, U.S. President Donald Trump announced a military victory, despite the war continuing.
- Meanwhile, Iran is escalating its attacks, as Gulf countries reported new missile and drone strikes on Thursday. Prices of high-risk assets, including digital currencies and stocks, are falling amid risk-averse conditions as investors continue to shun risk, while oil prices rise.
- The price of West Texas Intermediate (WTI) crude oil has returned above 100 dollars after hitting its daily low below 93 dollars. Escalation of the war could drive oil prices higher, increasing overall macroeconomic uncertainty.
- WTI Crude Oil Price Chart
- Interest in spot Bitcoin exchange-traded funds (ETFs) fluctuated on Wednesday, with total outflows of nearly 174 million dollars, ending a two-day winning streak that saw inflows of about 69 million dollars on Monday and nearly 118 million dollars on Tuesday.
- Total inflows amounted to 55.95 billion dollars, while net assets under management were 87.71 billion dollars. If outflows continue, it would signal deteriorating sentiment, limiting Bitcoin’s potential recovery.
- Bitcoin ETF Inflows | Source: SoSoValue
- Ethereum ETFs show a similar situation to Bitcoin, with spot ETFs recording spot outflows of approximately 7 million dollars on Wednesday. SoSoValue data indicates that U.S.-listed ETFs have seen a rebound, attracting inflows of approximately 5 million dollars on Monday and 31 million dollars on Tuesday. Total inflows are 11.55 billion dollars, while the value of net assets under management is 12.21 billion dollars.
- Ethereum ETF Inflows | Source: SoSoValue
- Interest in XRP exchange-traded funds has declined even further, as shown by modest outflows totaling 1.32 million dollars on Wednesday, after weak activity on Tuesday. XRP exchange-traded funds also recorded outflows of about 2.3 million dollars on Monday, leading to a decline in risk appetite.