- Bitcoin, Ethereum, and XRP experienced slight gains amid mixed inflows into exchange-traded funds (ETFs).

Bitcoin shows the potential for a bullish reversal as it nudges slightly above $68,000. This modest price increase supports improved technical structure, with support from the lower end of the range around $65,115, which was tested last Thursday.

Meanwhile, Bitcoin ETFs paint a bleak picture, as evidenced by outflows of approximately $105 million on Tuesday. Total inflows currently stand at $54.22 billion, while the total net assets under management are $85.52 billion.

Looking at the broader picture, total net assets reached a record high of $170 billion in October, then gradually declined to current levels as risk appetite waned. This ongoing decline negatively impacts market sentiment, making it more difficult for Bitcoin to maintain its upward trend.

Bitcoin ETF Flows | Source: SoSoValue

On the other hand, Ethereum recorded cash inflows of about $49 million on Tuesday, surpassing both Bitcoin and XRP. The total cash inflows now amount to $11.7 billion, with net assets under management at $11.47 billion. Total net assets peaked at a record $25.71 billion in August, indicating a significant decline in interest in Ethereum ETFs.

Ethereum ETF Flows | Source: SoSoValue

As for spot XRP ETFs, activity was weak on Tuesday, with no inflows recorded, according to SoSoValue data. Total inflows currently stand at $1.23 billion, while net assets under management are $1.06 billion. As with BTC and ETH, the total assets in XRP-related ETFs sharply declined after reaching a record $1.65 billion on January 5, suggesting that interest in U.S.-listed spot XRP ETFs has gradually decreased over the past few weeks.

XRP ETF Flows | Source: SoSoValue