Daily Crypto Market Insights: Outflows, ETF Approvals, and Community Backlash

Stay informed on the latest daily trends and pivotal events shaping the cryptocurrency landscape. Today’s headlines cover significant investment product outflows, a glimmer of hope from recent inflows, major ETF approvals for Dogecoin and XRP, and growing dissent against JP Morgan from the Bitcoin community.

Crypto Investment Funds Face $1.9 Billion Exodus Amid Shifting Sentiment

Cryptocurrency investment products have recently experienced nearly $5 billion in outflows over the past four weeks. However, a slight shift in sentiment was observed with inflows during the final days of last week, offering a tentative sign of recovery.

Last week alone, crypto exchange-traded products (ETPs) saw $1.94 billion in outflows, a slight reduction from the $2 billion recorded the previous week. This brings the four-week total to $4.9 billion, marking one of the largest outflow streaks on record, surpassed only by the March tariff-driven sell-off and the February 2018 downturn.

Despite these significant outflows, there were “tentative signs of a turnaround” as CoinShares noted $258 million in inflows during the week’s last trading days, following seven consecutive days of redemptions.

XRP investment products were a notable exception, recording $89.3 million in inflows last week and defying the broader market downturn, even as the token itself experienced a 6.9% decline. In contrast, Solana ETPs were in the red, with $156 million in outflows as SOL prices fell by 3.5%.

NYSE Approves Grayscale Dogecoin and XRP ETFs for Trading

Grayscale’s Dogecoin and XRP exchange-traded funds (ETFs) are set to launch this Monday, following approval from NYSE Arca, a subsidiary of the New York Stock Exchange.

NYSE Arca submitted a filing to the Securities and Exchange Commission on Friday, confirming its approval for the listing and registration of the Grayscale XRP Trust ETF (GXRP) and the Grayscale Dogecoin Trust ETF (GDOG). Bloomberg senior ETF analyst Eric Balchunas indicated that these two ETFs are “scheduled to begin trading Monday,” with a Chainlink-tied ETF from Grayscale also expected shortly thereafter.

This NYSE endorsement represents the final hurdle cleared for Grayscale’s new ETFs, adding to a growing number of ETFs tied to various cryptocurrencies that asset managers have introduced to the market in recent weeks.

Bitcoin Community Calls for JP Morgan Boycott Amid Exclusion Concerns

The Bitcoin community and supporters of Strategy, a major BTC treasury company, initiated calls for a boycott against financial giant JP Morgan on Sunday.

This backlash stems from recent news that MSCI, an index company responsible for numerous significant stock market benchmarks, may exclude crypto treasury companies from its indexes starting January 2026.

Real estate investor and Bitcoin advocate Grant Cardone expressed his support for the boycott, stating he had “pulled $20 million from Chase.” Investor Fred Krueger criticized JP Morgan, asserting they “hate Bitcoin, decentralized finance, and stablecoins,” and are “putting the screws on Strategy” after allegedly orchestrating past “Chokepoint” operations.

The potential exclusion of crypto treasury companies from stock market indexes could lead to a sell-off of their shares, potentially forcing them to divest their crypto holdings and negatively impact overall crypto prices.