XRP ETFs Leave Bitcoin in Dust with Record Inflows
On September 1, XRP ETFs continued their strong performance, outpacing Bitcoin ETFs by 106% in net inflows. According to SoSoValue data, $XRP ETFs attracted a total of $14.38 million on that day, marking the eleventh consecutive day of inflows.
The top three XRP ETFs with the highest net inflows were Franklin Templeton's XRPZ at $6.63 million, Grayscale's GXRP at $4.72 million, and Canary Capital's XRPC at $3.03 million.
In contrast, Bitcoin ETFs experienced significant outflows, totaling around $236.5 million on the same day. BlackRock's IBIT accounted for $201.2 million of these withdrawals, while Fidelity's FBTC saw another $43.7 million leave the fund.