XRP ETF Inflows Surge Past $1 Billion Amid Bitcoin Outflows

XRP exchange-traded funds (ETFs) have seen significant inflows in recent weeks, outpacing those of Bitcoin. In late August, XRP ETFs attracted $110.49 million, their strongest inflow week so far this year, bringing cumulative net inflows to an estimated $1.66 billion.

This trend has persisted despite stagnant price movement for the underlying token. While XRP's spot market price has hovered between $1.35 and $1.40, ETFs have continued to draw new investment.

The divergence between institutional demand for XRP and its spot market performance is notable. In contrast to XRP ETF inflows, Bitcoin funds experienced $282.6 million in outflows on September 10, the third consecutive session marked by sizeable withdrawals.