XRP ETFs Draw Nearly $2 Million in Inflows as Bitcoin, Ether, and Solana Funds See Outflows
XRP exchange-traded funds recorded close to $2 million in net inflows on Tuesday, standing out as one of the few bright spots across U.S. crypto ETF products. Bitcoin, ether, solana, and hyperliquid funds all experienced net outflows on the same day, with Grayscale products accounting for the entirety of the bitcoin and ether drawdowns.
XRP-linked ETF products attracted nearly $2 million in net inflows on Tuesday, bucking a broader trend of outflows seen across most major U.S. crypto fund products that day. The divergence highlights a shifting pattern of investor allocation, with capital moving away from some of the more established crypto fund products and toward XRP-denominated vehicles.
Bitcoin and ether funds both recorded net outflows, and Grayscale's products were identified as the sole driver of those losses in both asset classes. Solana and hyperliquid funds also saw net outflows on the same day, making XRP funds among the only crypto ETF products to attract fresh capital during the session.
The data point is notable in the context of ongoing discussions about rotation within the crypto ETF space. Whether this represents a sustained shift in institutional or retail fund flows toward XRP products, or a single-session anomaly, remains to be seen as additional daily flow data becomes available.
Key facts
- •XRP ETFs took in nearly $2 million on Tuesday
- •Bitcoin, ether, solana, and hyperliquid funds all saw net outflows on the same day
- •Grayscale products accounted for the entire outflow in both bitcoin and ether funds
- •XRP funds were among the only U.S. crypto ETF products to attract inflows that session