US spot Bitcoin exchange-traded funds recorded $251 million in net inflows on March 10, extending a strong start to March for crypto investment products. The latest figures follow $167 million in inflows the previous day, bringing cumulative inflows for the month to approximately $1.56 billion.
The inflows came even as Bitcoin briefly dipped below the $70,000 level, trading around $69,800 during the session. Despite short-term price volatility, the steady inflows suggest continued institutional and retail interest in regulated vehicles for Bitcoin exposure. March’s positive flows contrast with earlier market turbulence that saw roughly $576 million in ETF outflows.
Altcoin ETF Flows Show Mixed Trends
Flows across other crypto ETFs were more mixed. Ether funds recorded modest inflows of about $12.6 million, while Solana-related products saw no significant movement. XRP funds, however, posted around $3.9 million in outflows, marking a fourth consecutive day of redemptions, although the pace slowed compared with earlier sessions.
Bloomberg ETF analyst James Seyffart noted that XRP ETFs have remained relatively resilient despite recent market volatility. Since launch, the products have accumulated approximately $1.4 billion in total inflows, indicating sustained demand even as XRP’s market price declined roughly 5% over the past month.
Institutional Positioning in XRP ETFs
Regulatory filings also revealed the largest institutional holders of XRP ETFs. Goldman Sachs emerged as the top holder, with approximately $154 million in exposure as of the end of 2025. Millennium Management and Logan Stone Capital followed with holdings valued at about $23 million and $5.3 million, respectively.
Ownership data suggests that XRP ETFs remain largely driven by retail participation. Only about 15.9% of assets under management are disclosed in institutional 13F filings. By comparison, Solana ETFs show significantly higher institutional participation, with nearly 49% of assets reported in filings, while Bitcoin and Ether ETFs fall between those levels.
The evolving distribution of ETF ownership highlights differences in investor profiles across digital assets, with Bitcoin continuing to dominate institutional allocation while some altcoin products remain more retail-driven.