XRP ETFs Attract Fresh Capital as Bitcoin and Ethereum Funds Hemorrhage Billions
While the broader cryptocurrency investment landscape endured a brutal week of capital flight, XRP-backed exchange-traded funds emerged as a rare bright spot — pulling in nearly $23 million in net inflows during a period when rival products were shedding billions.
According to the latest data from CoinGlass, XRP spot ETFs collectively recorded $22.99 million in net inflows over the past week. This performance stands out dramatically against the backdrop of widespread institutional selling that hammered Bitcoin, Ethereum, and Solana investment vehicles during the same timeframe.
Bitwise led the charge among XRP ETF providers, contributing $16.97 million of the total weekly inflows. The firm's XRP product has now surpassed $200 million in year-to-date inflows, cementing its position as the dominant player in the XRP ETF space. Franklin Templeton — the only major traditional financial institution to have launched an XRP ETF — ranked second, bringing in $3.97 million for the week.
On a cumulative basis, XRP spot ETFs have now accumulated $738.39 million in total historical net inflows, according to CoinGlass figures. Breaking down the assets under management by issuer: Bitwise's XRP ETF leads with $237.01 million in AUM, followed by Canary XRP ETF at $218.26 million, Franklin XRP ETF at $162.16 million, and Grayscale XRP Trust ETF at $49.53 million.
The resilience of XRP funds becomes even more striking when compared to the devastating outflows experienced by other major crypto ETFs during the same period. Bitcoin ETFs bore the heaviest losses, registering a staggering $1.79 billion in outflows — a figure that underscores just how aggressively institutional investors were pulling money out of the flagship digital asset. Ethereum ETFs were not spared either, shedding $273.34 million over the course of the week. Even Solana ETFs, though on a smaller scale, recorded $3.8 million in net outflows.
The divergence between XRP ETFs and their counterparts raises important questions about shifting institutional preferences. While Bitcoin and Ethereum have historically dominated crypto ETF flows, XRP appears to be carving out a distinct niche — particularly among investors seeking alternatives during periods of market uncertainty.
The sustained inflow momentum into XRP products suggests that institutional appetite for the asset remains robust, even as confidence in other major digital assets wavers. Whether this trend will continue in the weeks ahead remains to be seen, but for now, XRP ETFs stand as one of the few winners in an otherwise turbulent market environment for crypto investment products.