XRP ETFs Soar as Bitcoin, Ethereum, and Solana Bleed
US-listed XRP ETFs saw significant inflows on September 8, while Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) funds experienced substantial outflows. According to SoSoValue records, $1.55 million flowed into Franklin's XRPZ fund, the largest among 12 spot crypto fund groups.
The only other group that drew money was Hedera (HBAR), with $431,180 in inflows. In contrast, Bitcoin funds lost $46.65 million, Ethereum products shed $24.29 million, and Solana products accounted for $667,719 of the total outflows of $84.56 million.
These losses were notable because they occurred on a day when all three assets fell together for the first time since July 9. XRP funds have added $14.86 million this month, ahead of Solana at $4.58 million.