XRP ETFs attract $42M inflows as Bitcoin, Ether funds face redemptions
In brief
- XRP-linked funds attracted $8.88 million daily, extending a week-long streak of $42 million in positive flows
- Bitcoin ETFs lost $100.9 million and Ether products dropped $32.6 million in the same session
- XRP recorded fourth-largest daily wallet creation spike this year with 4,300 new wallets added in 24 hours
Fund flows signal selective appetite
XRP-linked funds pulled in $8.88 million in the latest daily session, extending a streak of inflows that included $18.52 million on May 14 and $10.87 million on May 15. Across the past week, XRP products have attracted roughly $42 million in net inflows.
The contrast with major asset classes is stark. Bitcoin ETFs lost another $100.9 million in the latest daily session. Ether products also remained under pressure, losing $32.6 million in the same period. Earlier in the stretch, Bitcoin ETFs experienced redemptions of $648.6 million, $331.1 million, and $290.4 million.
The data suggests a selective appetite for alternative crypto exposure.
On-chain activity accelerates
On-chain metrics reinforce the shift. XRP recorded the fourth-largest daily spike in wallet creation this year, with 4,300 new wallets added in 24 hours. Fresh wallet creation can sometimes signal new network participation, particularly when paired with capital inflows.
Yet broader trends remain muted. XRP's network growth has generally trended lower since late 2025, suggesting this week's activity may not represent a sustained shift in underlying adoption.
Price and positioning
XRP held near $1.37 by midday Hong Kong time on Thursday, while bitcoin hovered around $77,400. Derivative positioning offers another clue. Open interest held steady and funding stayed subdued during the recent liquidation wave, suggesting traders were de-risking rather than capitulating, according to HashKey Research's Tim Sun.
For traders, the question is whether XRP is seeing the early stages of a broader rotation trade, or simply a short-lived burst of speculative positioning while the wider crypto market remains under pressure.
The timing—fresh inflows into XRP products alongside outflows from Bitcoin and Ether—fits a rotation narrative. But whether this week's momentum persists depends on whether the wallet surge translates into sustained network activity and whether traders maintain their appetite for XRP over the market's established leaders.