XRP ETFs Attract $80 Million in Inflows as Crypto Investment Products See Significant Outflows
XRP’s continuing ETF inflows stand out amid shifting market flows, with USDC and SOL leading recent gains while BTC records fresh losses.
BTC
ETH
BNB
Summary
XRP ETFs upheld a streak of substantial inflows, totaling $82.04 million over 25 consecutive days, despite widespread outflows in other crypto assets. According to the latest Coinglass data, USDC spot inflows reached $164 million in the past 24 hours, followed by Solana (SOL) with $42.27 million and Binance Coin (BNB) with $9.42 million. Bitcoin (BTC) saw $25.98 million in outflows, alongside losses in Ethereum (ETH), XRP, Gas (GAS), and ZKP. These figures highlight continued divergence in investor sentiment, with select altcoins attracting capital while major assets face selling pressure.
Terms & Concepts
- XRP ETFs: Exchange-Traded Funds that track the price of XRP, providing investors exposure to the cryptocurrency without holding it directly.
- Net outflows/inflows: The difference between capital withdrawn from and added to investment products within a given period, used to measure market sentiment and activity.
- USDC: A U.S. dollar-pegged stablecoin used for trading, payments, and as a store of value in cryptocurrency markets.