CoinDesk
XRP-linked investment products pulled in roughly $42 million in net inflows over the past week, with the latest session alone adding $8.88 million, even as spot bitcoin ETFs bled more than $1.4 billion and ether funds also lost assets. XRP held near $1.37 by midday Hong Kong time, per CoinDesk market data, while the broader altcoin is being treated by some traders as a relative safe-haven within crypto.
Why it matters
The flows are small in dollar terms but the direction is the story. CoinGlass shows XRP funds extended a streak of positive sessions — $18.52 million on May 14, $10.87 million on May 15, $8.88 million in the latest day — running in the opposite direction of spot bitcoin ETFs, which posted redemptions of $648.6 million, $331.1 million, $290.4 million, and another $100.9 million across the same window. Ether products also remained under pressure, losing $32.6 million in the latest session. That kind of split — a top-10 altcoin attracting fresh capital while the two largest funds lose money — is rare enough to flag as a possible rotation trade, not a one-off.
Market impact
The on-chain picture complicates the bull case. Santiment data shows XRP recorded its fourth-largest daily spike in wallet creation this year, with roughly 4,300 new wallets added in 24 hours — a headline number, but one that sits on top of a network-growth trend that has generally trended lower since late 2025. New wallet creation can signal fresh participation when paired with capital inflows, yet the broader chart suggests the latest move is a sharp one-day spike rather than evidence of sustained adoption. For traders watching the majors bleed, the question is whether XRP is at the start of a real rotation or just catching a short-lived speculative bid while the wider market stays under pressure.
Frequently asked questions
-
How much have XRP ETFs pulled in recently?
CoinGlass data shows XRP-linked investment products attracted roughly $42 million in net inflows over the past week, including $18.52 million on May 14, $10.87 million on May 15, and $8.88 million in the most recent session.
-
How much have spot bitcoin and ether ETFs lost over the same stretch?
Spot bitcoin ETFs shed more than $1.4 billion in net outflows across the same week, with redemptions of $648.6 million, $331.1 million, $290.4 million, and $100.9 million on individual sessions. Ether products also lost $32.6 million in the latest session.
-
What does the on-chain wallet data show for XRP?
Santiment recorded roughly 4,300 new XRP wallets created in 24 hours, the fourth-largest daily spike this year. However, the broader network-growth trend has trended lower since late 2025, making the move look more like a one-day spike than sustained adoption.
-
Is this a real rotation trade or a short-term speculative burst?
The flows are consistent with a rotation — XRP funds winning capital while the two largest products lose it is unusual — but the on-chain signal is more cautious. The wallet spike is concentrated in a single day against a weakening multi-month growth trend, leaving the rotation thesis unconfirmed.
-
What price was XRP trading at during the inflows?
XRP held near $1.37 by midday Hong Kong time on Thursday, per CoinDesk market data, while bitcoin hovered around $77,700 after a brief dip below $77,000.
WatcherGuru
TheBlock
CryptoSlate
Glassnode
Lookonchain
CoinTelegraph