Key data: Ethereum and XRP are seeing inflows into exchange-traded funds amid continued outflows of Bitcoin.
The spot exchange-traded funds in the Ethereum market broke a seven-day streak of outflows, with inflows reaching nearly $85 million on Monday.
Investment flows have seen a noticeable recovery despite the prevailing aversion in the cryptocurrency market, indicating a potential improvement in the performance of institutional investors. Cumulative net flows reached $12.53 billion, while the value of net assets stood at $18.20 billion.
Ethereum Exchange-Traded Fund Statistics.
On the other hand, the XRP-based exchange-traded funds (ETFs) continued their steady cash flows, attracting nearly $44 million on Monday. Since their launch in mid-November, these funds have not experienced any cash outflows. The cumulative net cash inflows amounted to $1.12 billion, while the net asset value reached $1.25 billion.
XRP Exchange-Traded Fund Statistics.
Despite the continuous inflows of exchange-traded funds, XRP is facing a weak derivatives market, with the value of open futures contracts dropping to $3.46 billion on Tuesday from $3.54 billion the previous day. Open trading volume has remained relatively low since mid-October, indicating a lack of confidence among traders in the digital currency's ability to maintain its value.
The open interest on XRP.
Meanwhile, Bitcoin spot exchange-traded funds continued their streak of outflows for the third consecutive day, with nearly $142 million withdrawn on Monday. According to SoSoValue data, the cumulative net inflows reached $57.26 billion, with an average net asset of $115 billion. If the prevailing risk aversion continues, the cost pressure may exceed demand, increasing the likelihood of Bitcoin's price falling to around $80,000.
Bitcoin ETF statistics.

Altcoin Update: rise in Ethereum price as Ripple price stabilizes
Ethereum is trading above $3000 at the time of writing this report on Monday, supported by the rising Relative Strength Index on the daily chart. The Relative Strength Index appears to be on the verge of breaking into the bullish territory, a move that could enhance momentum and support the bullish trend for Ethereum.
The MACD indicator confirmed a buy signal on the same chart, as the blue line crossed above the red signal line. However, traders should be cautious in their bullish expectations, as the MACD indicator is still in the bearish zone, and the green histogram is above the steady average.
The breakout of the 50-day exponential moving average at $3195 will significantly contribute to confirming bullish expectations, and is likely to increase the chances of a sustained price rise above the resistance level resulting from the convergence of the 100-day exponential moving average and the 200-day exponential moving average around $3403.
On the other hand, failing to surpass the 50-day exponential moving average may leave Ethereum vulnerable to headwinds and increase the risk of falling below $3000.
The daily chart for the ETH/USDT pair

- Today's chart: Stability of Bitcoin price, approaching a breakout of the 90 thousand Dollar level:
Bitcoin is trading above $89,000 at the time of writing this report on Monday, supported by the upward relative strength index (RSI) at a level of 48 on the daily chart. The relative strength index itself appears to be poised for a breakout of the midpoint line at 50, which is likely to strengthen price momentum to support a breakout above $90,000.
The Moving Average Convergence Divergence indicator (MACD) shows a positive divergence, with the blue line above the red signal line on the same daily chart. If the green bars continue to expand above the average line, the path of least resistance may remain upward.
Closing the price above the 50-day exponential moving average at $93,608 will open the way for an extended breakout towards the 100-day exponential moving average at $99,239. The 200-day exponential moving average at $101,987 may limit price retracements above $100,000.
The daily chart for the BTC/USD pair
However, moving averages are generally trending downward, confirming bearish expectations. Therefore, a close below the $90,000 level could lead to another wave of selling, with support at the $83,822-$84,450 level within reach.

Data in the spotlight: Selective order on exchange-traded funds maintains inflows of XRP while BTC and ETH experience outflows.
Bitcoin continues to face a noticeable decline in institutional interest, with a decrease in demand for spot exchange-traded funds (ETFs). Bitcoin exchange-traded funds listed in the United States recorded outflows of approximately $158 million on Friday.
The cumulative net inflows reached $57.41 billion, while the net assets amounted to approximately $114.87 billion, according to SoSoValue data. If the outflows continue, market sentiment may deteriorate further, limiting price increases to below $100,000.
Bitcoin ETF Statistics | Source: SoSoValue
Ethereum exchange-traded funds witnessed outflows of approximately $76 million on Friday. Ethereum outflows have continued for seven consecutive days, reflecting the prevailing pessimism in the cryptocurrency market. The cumulative net inflows amounted to $12.44 billion, while the net asset value reached $18.21 billion.
Ethereum ETF Statistics | Source: SoSoValue

- Today's chart: Stability of Bitcoin price, approaching a breakout of the 90 thousand Dollar level:
Bitcoin is trading above $89,000 at the time of writing this report on Monday, supported by the upward relative strength index (RSI) at a level of 48 on the daily chart. The relative strength index itself appears to be poised for a breakout of the midpoint line at 50, which is likely to strengthen price momentum to support a breakout above $90,000.
The Moving Average Convergence Divergence indicator (MACD) shows a positive divergence, with the blue line above the red signal line on the same daily chart. If the green bars continue to expand above the average line, the path of least resistance may remain upward.
Closing the price above the 50-day exponential moving average at $93,608 will open the way for an extended breakout towards the 100-day exponential moving average at $99,239. The 200-day exponential moving average at $101,987 may limit price retracements above $100,000.
The daily chart for the BTC/USD pair
However, moving averages are generally trending downward, confirming bearish expectations. Therefore, a close below the $90,000 level could lead to another wave of selling, with support at the $83,822-$84,450 level within reach.

- Boosting liquidity may support Bitcoin's recovery
Amidst the mixed feelings of institutional investors and the intense fear among traders, the "Copysale Letter X" published on Tuesday indicates signs of optimism regarding Bitcoin.
The report clarified that the general treasury account decreased to 78 billion dollars during the past week, marking the largest liquidity injection since June, as illustrated in the chart below. The analyst noted that the general treasury account is the main cash account of the U.S. government with the Federal Reserve, and that when it decreases, funds flow directly into the financial system, enhancing liquidity.
Furthermore, the Federal Reserve is injecting $40 billion into the economy by purchasing bonds. It will reinvest $14.4 billion from mortgage-backed securities principal payments to buy Treasury bills during the same period, thereby enhancing overall liquidity.
This wave of net liquidity injection into financial markets will make borrowing cheaper and encourage a shift towards risk-taking, especially in assets like stocks and cryptocurrencies, providing short-term support.

- Dogecoin faces a decline in retail demand and waning institutional interest:
Interest in Dogecoin has dropped significantly since the sudden crash on October 10, with open interest in futures contracts decreasing by approximately 71% to $1.21 billion on Friday from $4.4 billion.
The meme coin has experienced steady growth in open trading volume, reaching $6 billion on September 14. This rise coincided with an increase in trading volume, as its price surged to $0.3068 from $0.1298 in April, confirming the role of retail markets in driving value growth. However, with a notable decline in open trading volume, it may be challenging for Dogecoin to sustain this recovery.
Open interest in Dogecoin | Source: Coin Glass
Meanwhile, institutional interest in Dogecoin ETFs( has waned. According to SoSoValue data, these funds have not recorded any cash flows since December 10, when inflows reached $172,000.
The total net inflow of funds has amounted to $205 million, with net assets of $4.96 million. There are two US-licensed exchange-traded funds (ETFs) for Dogecoin), namely GDOG by Grayscale and BWOW by Bitwise.
Dogecoin ETF statistics | Source: SoSoValue

- What does the future hold for Bitcoin in 2026?
Looking ahead, the Bitcoin market is currently focused on structural changes, cash flows, macroeconomic reorganization, and clearer regulations. Here are some potential forecasts for Bitcoin in 2026.
Post-distribution phase and return of buying demand
A report from K33 Research indicates that by 2026, expectations point to a shift away from the intense distribution phase observed in 2024 and 2025, with a slowdown in long-term holder selling activity.
The report suggests that the supply of Bitcoin over a two-year period is expected to end its multi-year downtrend and close 2026 above the current level of 12.16 million Bitcoins, indicating a renewed holding behavior rather than continued redistribution among Bitcoin investors.
Sold to children aged two or older. Source: K33 Research
With nearly 20% of the total supply already reactivated over the past two years, as shown below, on-chain sell-side pressure is approaching saturation, paving the way for a return of net buy-side demand.
Percentage of total supply reactivated over the past two years, with a two-year or longer lifespan. Source: K33 Research
Thanks to deeper market liquidity, expanded institutional access, and clearer regulatory frameworks, 2026 is expected to be a post-distribution year characterized by improved supply stability and a more demand-driven market structure.

- Bitcoin in 2025: Favorable Regulatory Shifts, Institutional Adoption, and Record Volatility
A turbulent journey between all-time highs and sharp corrections
Bitcoin's price reached a new all-time high of $126,199 on October 6, pushing its market cap briefly above $2.47 trillion, making it the seventh-largest asset in the world, surpassing tech giants like (AMZN) and Meta Platforms (META).
However, the surge was followed by a sharp correction, with Bitcoin's price dropping to around $85,000 in mid-December. Although 2025 ended with relative stability, it was a volatile period marked by record highs, steep declines, and high fluctuations.
President Trump's Support for Cryptocurrencies
Donald Trump's victory in the November 2024 U.S. presidential election was seen as a positive indicator for Bitcoin and digital currency markets. During his campaign, Trump adopted a pro-cryptocurrency stance and promised to bring about a radical change in U.S. policy towards them, contrasting with the Biden administration's strict crackdown on the sector, which included more than 100 enforcement actions by the U.S. Securities and Exchange Commission against crypto companies.
The positive development for digital currencies began with the announcement by SEC Chairman Gary Gensler on November 21, 2024, of his resignation, effective January 20, the day of President Trump's inauguration. This news had a positive impact on the crypto markets, as Gensler had previously taken a stance opposed to digital asset policies.
The chart below from CryptoQuant shows that the percentage of monthly growth in Bitcoin holdings among major investors accelerated from -0.25% on January 14 to +2% on January 17, marking the highest monthly rate since mid-December 2024. This surge in demand pushed Bitcoin's price to a new record high of $109,588 on Inauguration Day, January 20. However, the price retreated to $100,000 shortly after Trump's oath of office.
Total Bitcoin whale holdings on Inauguration Day. Source: CryptoQuant
$BTC Meanwhile, U.S. President Donald Trump announced on Truth Social that he issued an unconditional pardon for Ross Ulbricht, the founder of the Silk Road marketplace on the dark web.
U.S. federal authorities arrested Ulbricht in 2013 and sentenced him to life imprisonment for creating and operating a website (Silk Road) that allowed users to buy and sell illegal drugs, along with other illegal products and services. This news boosted confidence within the crypto community, as Trump fulfilled his promise to the sector.