XRP ETFs draw $35 million inflows as bitcoin and ether funds lose $2 billion

U.S. spot XRP ETFs recorded net inflows of about $35 million from May 20 to May 29. Bitcoin and ether ETFs lost roughly $2 billion combined during the same period. The flows highlight diverging investor interest in the crypto market.

U.S.-listed XRP ETFs posted $11.88 million in net inflows on May 29 alone. Bitwise’s XRP ETF led with $7.36 million, followed by Canary’s XRPC at $2.38 million and Franklin’s XRPZ at $2.14 million. Total net assets across these funds reached approximately $1.12 billion, with cumulative inflows at $1.42 billion since launch.

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XRP spot ETFs record largest inflows since January

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U.S. spot XRP exchange-traded funds attracted $25.8 million in net inflows on Monday, marking the biggest single-day total since early January. The surge lifted cumulative net inflows to a new all-time high of $1.35 billion. XRP traded at $1.47 after rising 1.2 percent over 24 hours.

XRP-linked investment products attracted roughly $42 million in net inflows over the past week. This occurred even as U.S. spot bitcoin ETFs lost more than $1.4 billion and ether funds also shed assets. On-chain data showed a one-day spike of about 4,300 new XRP wallets.

Reported by AI

XRP dropped more than 5 percent in a single day to $1.40, even as exchange-traded funds saw record inflows and on-chain activity increased. Institutional signals point to growing interest, yet spot prices have not followed.

Crypto exchange-traded products recorded $858 million in inflows last week. The figure extends a six-week streak that has now reached $4.9 billion in total.

Reported by AI

Crypto investment products recorded $1.07 billion in outflows as tensions over Iran spurred risk-off sentiment among investors. Bitcoin and Ether funds led the withdrawals.

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