XRP ETFs Defy Broader Crypto Trend With Fresh Inflows
The latest data on US spot ETF flows shows that XRP funds are attracting capital even when other major crypto products are experiencing withdrawals. On September 8, XRP ETFs posted $1.55 million in net inflows, a modest figure but significant given the divergent trend. In contrast, Bitcoin ETFs lost about $46.65 million, Ethereum funds recorded roughly $24.29 million in outflows, and Solana products lost another $667,720.
This is not an isolated incident, as XRP funds have been experiencing a strong run of inflows over the past few weeks. In fact, they recently tracked an 11-session inflow streak that brought roughly $170 million into U.S. spot XRP ETFs and pushed cumulative net inflows to around $1.68 billion by September 1.
The recent trend suggests that institutional participation is increasing, with major players like Goldman Sachs, Jane Street, and Millennium Management reported as holding significant amounts of XRP ETFs.