Liquidity Evaporates as BTC Hovers Near $88K; BitMine Stakes $1B ETH

Crypto volumes have sunk to 2025 lows, even as Bitcoin has risen 1.12% to $88,224 and Ethereum has hovered near $2,967. BitMine has staked 342,560 ETH, removing about $1B from liquid supply. A proposed California billionaire tax on unrealized gains has stirred 2026 exit fears among founders and VCs.
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XRP ETPs Absorb $70M as Institutions Rotate Out of Bitcoin

CoinShares has reported $70.2M XRP inflows as digital asset funds have seen $446M weekly outflows. Bitcoin has lost $443M and Ethereum $59.3M. U.S. products have had $460M withdrawals, while Germany funds have added $35.7M. Franklin Templeton’s XRP fund has taken in $28.6M. SOL products added $7.5M.
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Crypto Funds See $446M in Weekly Outflows Despite XRP Rally

Digital asset investment products posted $446 million in weekly outflows last week, with Bitcoin and Ethereum facing sustained redemptions of $443 million and $59.5 million, while XRP and Solana ETFs bucked the trend with $70.2 million and $7.5 million in inflows.
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