XRP Surges Ahead of Rivals in Crypto ETF Flows
XRP has outperformed major cryptocurrencies in daily crypto ETF flows, according to recent data. On September 8, XRP ETFs posted net inflows of $1.55 million, while Bitcoin (BTC) and Ethereum (ETH) ETFs saw significant outflows.
Bitcoin ETFs recorded the largest outflows, with a total of $46.65 million exiting the market. Ethereum ETFs lost $24.29 million, and Solana (SOL) ETFs saw $667,720 exit. In contrast, XRP ETFs saw inflows after a day of zero participation.
The increase in XRP ETF money was not large, but it stood out as the only asset to draw new money on a day when the overall market shrank. This suggests that investors wanted exposure to XRP through regulated ETF products rather than other assets.
XRP prices also rebounded in tandem with the recovery in ETF demand, rising about 3% over the past day to regain $1.43. Traders are becoming increasingly optimistic about the possibility of XRP breaking through $2 as momentum builds.