Current Mainstream CEX, DEX Funding Rates Show Market Bearishness on BTC, ETH, and SOL Has Somewhat Alleviated

s have returned to neutral levels, signaling a potential shift in market sentiment for Bitcoin, Ethereum, and Solana. While these assets still show some bearish indicators, the overall trend suggests improved risk appetite. According to exchange data

XRP-based exchange-traded funds have seen consistent inflows, outpacing Bitcoin, Ethereum, and Solana in recent days. On January 15, XRP ETFs recorded $17.06 million in inflows, marking their sixth consecutive day of inflows. This performance has positioned XRP ETFs as a standout among crypto ETFs during a period of broader market declines. According to reports

Meanwhile, Bitcoin ETFs saw outflows of $215.61 million on the same day, with Ethereum ETFs posting $15.21 million in inflows and Solana ETFs adding $8.94 million. This contrasts sharply with XRP’s strong inflow performance, suggesting a possible shift in investor preference. As data shows

Why Did This Happen?

The recent inflows into XRP ETFs have been notable given the broader crypto market’s struggles. For context, the global crypto market lost $47 billion in market capitalization on January 15, down 1.46%. In such conditions, Bitcoin ETFs tend to see more outflows as investors seek to rebalance their portfolios. According to market reports

Ethereum ETFs also experienced a significant drop in inflows compared to previous days, with the $15.21 million figure representing a 91% decline from the $175 million recorded earlier. Solana ETFs also saw a 62% drop in inflows from the previous day. As reported

Bitcoin’s recent price performance has coincided with a shift in derivatives market sentiment. According to the Bybit x Block Scholes Crypto Derivatives Analytics report, Bitcoin’s rise to a two-month high has been accompanied by increased open interest and higher funding rates for several altcoins. This indicates a growing willingness among traders to take long positions amid improving risk appetite. According to analysis

The futures term structures for both Bitcoin and Ethereum have clustered at similar levels, suggesting a consistent pricing of risk across different maturities. Options markets have also seen a shift from a bearish bias to a more neutral stance, with volatility skews moving toward equilibrium. As data indicates

What Are Analysts Watching Next?

Investors are closely watching how open interest trends might influence price volatility over the weekend. According to Coinpedia analysis, rising open interest across Bitcoin, Ethereum, and Solana suggests more leverage is entering the market. This could amplify gains if spot prices continue to rise, but it could also increase the risk of sharp liquidations if prices dip unexpectedly. According to Coinpedia analysis

Large institutional players are also showing a bullish bias, with one major account maintaining a 100% long position in Ethereum, followed by Bitcoin and Solana. This is not a guarantee of price increases, but it does indicate that key players are not positioning for a sharp market correction. As reported

The weekend liquidity environment will also play a role in price dynamics. When liquidity is thinner, even modest buying or selling activity can move prices more sharply than usual. This is especially true for major cryptocurrencies like Bitcoin, Ethereum, and Solana, which have the deepest order books and attract the most capital. According to analysis

The cumulative inflow for XRP ETFs now stands at $1.27 billion, reinforcing the idea that investor interest in the asset remains strong despite broader market volatility. This trend has persisted since Q4 2025, when XRP ETFs continued to attract inflows even as the broader crypto market lost $917 billion in value. As data shows