XRP ETFs Thrive Amid Bitcoin ETF Exodus

XRP ETFs continue to attract new investments, with nearly $19 million in net inflows last week, according to SoSoValue data. This is a significant increase compared to Bitcoin ETFs, which saw $463 million in withdrawals during the same period.

The numbers show that investors are shifting their interest among crypto ETFs in the U.S., with some altcoin ETFs continuing to attract money despite the decline in demand for Bitcoin ETFs. Specifically, spot XRP ETFs received $18.9 million in new investments last week, more than Solana ETFs, which attracted $10.3 million.

Ethereum ETFs performed even better, bringing in $197 million and marking their fourth straight week of inflows. This is a testament to the growing demand for crypto investment products among traditional investors.