XRP Surges Ahead of Rivals in Spot ETF Inflows
According to recent spot ETF data from September 8, XRP has emerged as the only significant cryptocurrency asset to attract new investment. In contrast, Bitcoin, Ethereum, Solana, and Hyperliquid products all experienced withdrawals.
The net inflows for XRP products were approximately $1.55 million, a modest amount in absolute terms but notable when compared to rival assets.
Bitcoin ETFs ended their three-day inflow streak with net outflows of $46.65 million, while Ethereum saw $24.29 million in outflows from spot products. Hyperliquid ETFs experienced withdrawals of $12.96 million and Solana had a smaller $667,720 outflow.
Despite the divergence between XRP's ETF flows and its underlying market performance, the cryptocurrency is still trading above its long-term moving average at $1.35.