Bitrue Sees Massive XRP Buying Surge Amid Bitcoin ETF Outflows

XRP spot purchase volumes on cryptocurrency exchange Bitrue surged by 212% between Feb. 23 and Feb. 24, according to trading data released by the platform.

The surge in buying activity comes amid continued inflows into XRP-linked exchange-traded funds, indicating a shift in capital allocation within digital-asset markets.

In contrast, investors have withdrawn close to $3.8 billion from U.S.-listed spot Bitcoin (BTC) exchange-traded funds over a five-week stretch, marking the most prolonged run of outflows since February 2025.

The increase in buying followed a mid-February drawdown that resulted in approximately $1.93 billion in realized losses for XRP spot traders.