- Bitcoin, Ethereum, and XRP prices rose as risk appetite improved:


Crypto asset interest is experiencing overall stability, supported by sustained cash inflows for five consecutive days into Bitcoin (ETFs). SoSoValue data indicates that U.S.-listed Bitcoin ETFs experienced cash inflows of $180 million on Friday, bringing assets under management to $91.83 billion. Total cash inflows reached $56.14 billion.

Bitcoin ETF Fund Flows | Source: SoSoValue

Retail traders appear to be steadily returning to the market, as evidenced by the rise in open interest volume for Bitcoin futures contracts to $47.91 billion on Monday, up from $46.59 billion the previous day.

Open interest value declined to approximately $43 billion on March 9, marking its lowest level since November 2024. In contrast, open interest peaked at $94.12 billion in October, coinciding with Bitcoin's all-time high of $126,199.

Daily Trading Information for Bitcoin Futures Contracts | Source: CoinGlass

Demand for Ethereum ETFs stabilized, with sustained cash inflows for four consecutive days. SoSoValue data shows that U.S.-listed Ethereum ETFs attracted approximately $27 million in cash inflows on Friday, bringing total assets under management to $12.26 billion. Total cumulative cash inflows reached $11.79 billion.

Ethereum ETF Fund Flows | Source: SoSoValue

The Ethereum derivatives market is experiencing notable growth, with average open interest volume for futures contracts reaching $29.38 billion on Monday, up from $27.63 billion the previous day. CoinGlass data indicates open interest volume declined to $22.89 billion on February 6. Meanwhile, it peaked at $70.13 billion in August, coinciding with Ethereum reaching a new all-time high of $4,956.

Open Trading Information for Ethereum Futures Contracts | Source: CoinGlass

XRP saw a steady rise in open interest volume for futures contracts, reaching $2.66 billion on Monday, compared to $2.56 billion the previous day. Open interest volume had declined to $2.11 billion on March 4, which negatively impacted retail investor interest, particularly as it had peaked at $10.94 billion in July. XRP has required sustained retail investor attention to maintain rising prices.

Daily Trading Information for XRP Futures Contracts | Source: CoinGlass
$BTC
$ETH
$XRP
BTC0,77%
ETH-0,22%
XRP-0,45%
View Original
post-image
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
Before00zerovip
· 17h ago
The digital currency market is witnessing renewed interest from individual and institutional investors, with slight increases in the prices of major assets such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). After Bitcoin reached its highest level during the month at $74,450, it settled at the $73,000 level at the time of writing this report on Monday.
View OriginalReply1
  • Pin