XRP ETFs see $23M inflows while Bitcoin and Ethereum ETFs face massive outflows last week
Last week, XRP exchange-traded funds (ETFs) attracted nearly $23 million in net inflows, defying the broader cryptocurrency market trend where Bitcoin and Ethereum ETFs experienced significant outflows of $1.79 billion and $273 million respectively. The Bitwise XRP ETF led with $16.97 million inflows, contributing to a total historical net inflow of $738 million for XRP spot ETFs. This contrast highlights growing institutional interest in XRP despite widespread capital flight from other major crypto assets. The trend may influence future investment flows and market dynamics in the crypto ETF space.
Last week, XRP exchange-traded funds (ETFs) attracted nearly $23 million in net inflows, defying the broader cryptocurrency market trend where Bitcoin and Ethereum ETFs experienced significant outflows of $1.79 billion and $273 million respectively. The Bitwise XRP ETF led with $16.97 million inflows, contributing to a total historical net inflow of $738 million for XRP spot ETFs. This contrast highlights growing institutional interest in XRP despite widespread capital flight from other major crypto assets. The trend may influence future investment flows and market dynamics in the crypto ETF space.
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