XRP ETFs see $2.2M inflows as Bitcoin, Ethereum ETFs face outflows

XRP spot ETFs recorded net inflows of $2.2 million on April 28, while Bitcoin and Ethereum spot ETFs saw net outflows of $89.68 million and $21.8 million, respectively. The Polymarket contract for Bitcoin reaching $80,000 in April sits at 18% YES, down from 26% just 24 hours ago. Market reaction The Bitcoin April 80k market dropped 37 points at 12:23 PM, falling from 56% to 18%. This collapse in odds tracks with the cooling institutional demand visible in the ETF outflow data as April ends. The Bitcoin 200k market sits at 5% YES, showing little confidence in longer-term price targets. Ethereum isn’t faring much better. Ethereum’s market for April 30 was expected to hold at 100% YES for crossing $2,000, but the $21.8 million in ETF outflows point to waning enthusiasm.

…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.