Crypto ETF markets faced another sharp wave of selling on Wednesday, with bitcoin funds posting their second straight day of heavy outflows.

Crypto ETF flows turned sharply negative on Tuesday as investors pulled a combined $363 million from both bitcoin and ether products.

XRP outperformed major tokens during a volatile session, with a late volume burst pushing price back toward resistance that has capped rallies for weeks.

Crypto ETF markets faced another sharp wave of selling on Wednesday, with bitcoin funds posting their second straight day of heavy outflows.