Crypto markets began the week with a careful, almost hesitant tone, as Bitcoin held above the $63,000 area, Ether moved back toward $1,900, and XRP stayed pinned near the psychologically important $1.00 level. The modest rebound came even as United States spot exchange-traded funds faced a fresh round of outflows, which suggests traders are still treating the rally as fragile rather than fully confirmed.
ETF Flow Data Shows A Cautious Shift
The latest fund activity paints a split picture across the three largest names. Bitcoin products saw the heaviest pressure, with spot ETF redemptions reaching $390 million last week through Friday. That is a meaningful reversal from the stronger accumulation trend seen earlier, and it lines up with the softer appetite for risk that has been visible across the broader market.
Even so, the longer-term totals remain solid. Bitcoin ETFs still show cumulative net inflows of $51.79 billion, while total net assets stand at $76.61 billion. Those figures matter because they indicate that the institutional base built over time has not been dismantled; instead, short-term demand has simply cooled. The recent withdrawals slow the pace of buying, but they do not erase the scale of capital already committed.
Ether products also lost momentum. After five straight weeks of inflows, spot Ether ETFs slipped into outflows of $2.26 million. The dollar figure is small, yet the change in direction is still notable because it breaks the string of steady additions that had supported sentiment around ETH. Aggregate Ether ETF totals remain positive, with cumulative net inflows at $11.45 billion and assets under management at $10.52 billion, so the setback looks more like a pause than a full retreat.
| Asset | Latest Weekly Flow | Cumulative Net Inflows | Net Assets |
|---|---|---|---|
| Bitcoin | -$390 million | $51.79 billion | $76.61 billion |
| Ether | -$2.26 million | $11.45 billion | $10.52 billion |
| XRP | +$2.25 million | $1.51 billion | $933 million |
XRP Stands Apart With Another Week Of Inflows
XRP was the clear exception. Its spot ETF products attracted $2.25 million in fresh inflows through Friday, marking a fifth consecutive week of positive flow. That may not be a huge sum compared with Bitcoin or Ether, but the consistency is important. In a market where the bigger names were losing ground, XRP continued to draw capital and showed that there is still targeted interest in higher-beta exposure.
The ETF profile for XRP remains smaller in absolute terms, but it continues to improve. Cumulative inflows are averaging $1.51 billion, and net assets have reached $933 million. For traders watching relative strength, that persistence matters more than the headline size of the weekly change. It signals that some allocators are still willing to lean into XRP even while the rest of the sector is digesting prior gains.
ETF flow data source: SoSoValue.
Price Levels Suggest A Market That Is Stabilizing, Not Reversing
Bitcoin’s technical picture remains under pressure despite the current attempt to hold firm. BTC was trading around $63,416, which leaves it below all of its major trend measures. The 50-day exponential moving average sits at $64,317, the 100-day EMA is at $66,393, and the 200-day EMA is up at $72,390. With every major moving average still overhead, the market has not yet repaired the broader downtrend.
Momentum indicators echo that message. The daily Relative Strength Index sits near 46, which is a slightly weak reading rather than a strong bullish one, and the Moving Average Convergence Divergence remains below zero. That combination tells traders the latest bounce has not yet built enough force to shift the larger structure. On the upside, Bitcoin must first clear the $64,317 to $64,850 zone, where the 50-day EMA and the broken descending trendline both sit. Beyond that, the 100-day EMA at $66,393 and the 200-day EMA at $72,390 form the next layers of resistance. On the downside, the SuperTrend line at $61,291 is the key support to watch; losing it would open the door to a deeper pullback.
Ether is in a somewhat better position, though it still needs proof. ETH was changing hands near $1,894, which places it above the 50-day EMA at $1,868 and above the SuperTrend support around $1,769, but still below the 100-day EMA at $1,918. The 200-day EMA, now near $2,108, remains a long way off. That setup points to a market that has found short-term footing without yet regaining full trend control. Ether’s RSI, sitting near 53, is more constructive than Bitcoin’s, but the negative MACD reading warns that momentum is not firmly back in bullish territory. A daily close above $1,918 would improve the case for a move toward $2,108, while a drop back below $1,868 would weaken the recovery narrative quickly.
XRP is still the most constrained of the three. It was trading around $1.00 and remained below its key EMAs as well as the active SuperTrend line. The price is capped by a descending resistance trendline near $1.01, which has become the line that bulls must reclaim before they can talk about a real breakout. The 50-day EMA is positioned at $1.08, the 100-day EMA at $1.16, and the 200-day EMA at $1.35, all of which sit above the current market. XRP’s RSI near 37 remains firmly weak, and its MACD is still negative, so the chart continues to favour sellers unless price can move back above $1.01 and stay there.
On-Chain Signals Still Warn Of Supply Pressure
There is also a supply-side issue hanging over Bitcoin. Santiment reported that exchange balances climbed to 18,000 BTC last week, up sharply from 4,200 BTC the week before. That kind of jump usually matters because coins sent to exchanges are generally easier to sell, which increases the likelihood of near-term pressure if holders decide to exit positions.
“Coins on an exchange are easier to sell, so this cuts against the accumulation story. Whoever bought the panic in early August was not the dominant flow this week,” Santiment researchers said in their weekly report.
That comment captures the current mood well. The market is not collapsing, but it is also not showing the kind of broad accumulation that would signal a clean trend reversal. Until exchange balances begin to ease again, traders are likely to remain cautious about assuming that the latest bounce can develop into a sustained advance.
What Traders Should Watch Next
The overall message is straightforward: the market has steadied, but it has not convincingly turned higher. Bitcoin needs a recovery above its near-term resistance cluster before the technical tone improves. Ether is holding up better, yet it still needs to reclaim the 100-day EMA to attract stronger follow-through. XRP continues to stand out for its ETF inflow streak, but its price action remains the weakest of the group, which makes that fund demand look more like a vote of interest than proof of trend strength.
For now, the best description is consolidation with an edge of caution. The ETF backdrop is mixed, the technical signals are uneven, and the broader market still appears to be waiting for a clearer catalyst before committing to a more decisive move.
