important notes
- The Spot XRP ETF has seen consistent inflows over the six weeks since its launch in mid-November, despite significant macro uncertainty.
- Bitcoin ETF and Ethereum ETF recorded massive outflows of $497 million and $644 million, respectively, last week.
- Apart from the XRP ETF, asset managers have noted increased interest in the Solana ETF, which saw $66.5 million in inflows last week.
Spot XRP XRP $1.93 24 hour volatility: 0.3% Market capitalization: $11.683 billion Vol. 24 hours: $24.3 billion US ETFs continue to perform well, with $82 million in inflows over the past week. Nowhere is the importance of these net flows more evident than in Bitcoin. BTC 89 716 dollars 24 hour volatility: 1.7% Market capitalization: $1.79 trillion Vol. 24 hours: $2.984 billion ETFs and Ethereum Ethereum $3,047 24 hour volatility: 2.1% Market capitalization: 36.834 billion dollars Vol. 24 hours: $1.729 billion ETFs bled.
XRP ETF’s total assets under management exceed $1.2 billion
Total assets under management (AUM) of U.S. spot XRP ETFs exceeded $1.2 billion. The investment product has seen inflows for six consecutive weeks since its launch in mid-November. This shows that even with consistent outflows in the Bitcoin and Ethereum ETFs, institutional investors’ interests remain intact.
In a recent podcast discussion with Ripple CTO David Schwartz, Canary Capital CEO Stephen McClurg, and Bitwise CIO Matt Hogan, Token Relations founder and CEO Jacqueline Melinek praised the healthy early growth seen in the Spot XRP ETF.
Related article: XRP ETF outperforms BTC, SOL, ETH, but XRP price is in a high-stakes situation
The panel said the initial inflow into the XRP ETF was driven primarily by retail investors. But McClurg explained that interest from institutional investors quickly caught up, with increased demand from pension and insurance funds outside the United States.
McClurg added that XRP is often easier to understand for traditional investors compared to other digital assets. This is because its role in payment rails and cross-border liquidity is more closely aligned with the immediate financial infrastructure.
Bitwise’s Matt Hogan noted that the company is seeing increased engagement from financial advisors looking for crypto assets with long-term viability. He pointed to XRP’s long operational history as a factor that alleviates concerns about longevity.
He said advisors tend to favor assets with clear and explainable use cases, citing XRP’s role in cross-currency liquidity and stablecoin-related flows.
Despite this influx, the XRP price remains under pressure due to broader market movements. XRP fell below $2.0 last week, showing fundamental weakness for the bulls.
See Bitcoin ETF, Ethereum ETF, major outflows
Amid macro conditions such as the Bank of Japan’s interest rate hike, Bitcoin (BTC) and Ethereum (ETH) continued to be under strong selling pressure last week, and outflows from their respective ETFs simultaneously surged. Last week, $497 million and $644 million were outflows from ETFs for both assets, according to SosoValue data.
Apart from XRP, the Solana ETF also saw inflows of $66.5 million last week. This marks a clear shift in the institutional trend as capital flows out of the top two assets and into other altcoin ETFs in the market.