XRP ETFs Stay Green Amid Bitcoin Redemptions

XRP ETFs continued their streak of positive inflows on Wednesday, attracting $12.29 million in investments. This marks the latest extension of a trend that has seen XRP exchange-traded funds (ETFs) record net inflows of about $185 million over the past 30 days.

The largest contributor to this week's inflows was Bitwise, which added $9.30 million to its XRP fund. Grayscale also participated in the trend, investing $2.98 million into GXRP. Total trading value for the session reached $23.58 million.

In contrast, Bitcoin ETFs posted a second consecutive day of net outflows, with a total of $120.24 million leaving the funds. The largest withdrawal came from Ark and 21Shares' ARKB, which lost $77.98 million. Grayscale's GBTC also saw significant redemptions, losing $27.22 million.

XRP itself traded near $1.40, while total XRP ETF net assets ended the session at $1.51 billion. The disparity between XRP and Bitcoin ETF flows has kept investor attention on capital movements across listed asset products during trading on Wednesday.