XRP ETFs Attract $23M in Net Inflows While BTC and ETH Funds Bleed Billions

While most corners of the cryptocurrency ETF market were drowning in red last week, XRP-based exchange-traded funds quietly swam against the current — pulling in nearly $23 million in net inflows during a period when Bitcoin and Ethereum funds hemorrhaged capital at an alarming rate.

According to fresh data from CoinGlass, XRP spot ETFs collectively recorded $22.99 million in net inflows over the past week. That figure stands out sharply against the broader market backdrop, where institutional investors were aggressively pulling money out of digital asset products.

Leading the charge was the Bitwise XRP ETF, which alone attracted $16.97 million — more than two-thirds of the total XRP ETF inflows. The fund has now crossed the $200 million threshold in year-to-date inflows, cementing its position as the dominant player in the XRP ETF space. Bitwise currently holds $237.01 million in assets under management, making it the largest XRP ETF by AUM.

Franklin Templeton's XRP ETF came in second place, securing $3.97 million in net inflows. Notably, Franklin Templeton remains the only major traditional financial institution to have launched an XRP ETF product, giving its offering a distinctive appeal among institutional investors seeking exposure to XRP through a legacy finance brand. The Franklin XRP ETF holds $162.16 million in AUM.

Rounding out the field, the Canary XRP ETF sits at $218.26 million in AUM, while the Grayscale XRP Trust ETF has logged $49.53 million. In total, historical net inflows across all XRP spot ETFs have now reached $738.39 million, per CoinGlass figures.

The contrast with other major crypto ETFs could hardly be more dramatic. Bitcoin ETFs suffered a staggering $1.79 billion in net outflows over the same period — one of the sharpest weekly capital flights seen in recent months. Ethereum ETFs were not spared either, recording $273.34 million in outflows. Even Solana ETFs, which represent a smaller market segment, saw $3.8 million exit the funds.

The divergence raises questions about shifting institutional sentiment. While macro pressures appear to be driving investors away from the two largest crypto assets by market cap, XRP seems to be capturing a growing share of institutional attention. Whether this trend reflects long-term conviction in XRP's utility or simply short-term rotation remains to be seen — but for now, the numbers tell a clear story: when BTC and ETH were bleeding, XRP was building.