What to Know:
- XRP spot ETFs posted $7.18 million in net outflows, ending a two-month streak of weekly inflows driven almost entirely by Bitwise.
- Bitcoin and Ethereum ETFs rebounded with $197 million and $84.42 million in weekly inflows, highlighting diverging institutional demand.
- XRP ETF assets remained near $1 billion, while cumulative inflows held at $1.48 billion despite the temporary weekly setback.
U.S. spot XRP ETFs posted $7.18 million in net outflows during the July 6 to July 10 trading week, ending a two-month streak of positive inflows while Bitcoin and Ethereum funds attracted renewed institutional capital. According to the latest data from SoSoValue, XRP stands apart from the broader market recovery, although the selling was concentrated in a single fund rather than spread across the sector.
Even with the weekly decline, total assets invested in XRP exchange-traded funds remained close to the $1 billion mark. As a result, the figures pointed to portfolio repositioning instead of widespread investor withdrawals from XRP products.
Bitwise drives nearly all XRP ETF withdrawals
Bitwise accounted for virtually the entire weekly outflow. Investors withdrew $7.29 million from the asset manager’s XRP ETF, with most of the redemptions taking place during Wednesday’s trading session. Meanwhile, the remaining major issuers reported little activity. Funds managed by Canary, Franklin, and Grayscale finished the week without recording any meaningful net inflows or outflows.
Additionally, the 21Shares TOXR fund attracted $107,400 in fresh capital. However, that modest inflow offset only a small portion of the withdrawals recorded by Bitwise. Consequently, XRP became one of the few major cryptocurrency ETF categories to finish the week with negative flows despite improving sentiment across the digital asset investment market.
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Bitcoin and Ethereum lead broader ETF recovery
While XRP paused, institutional investors returned to Bitcoin and Ethereum funds. Bitcoin spot ETFs recorded $197 million in weekly inflows, bringing an end to eight weeks of net withdrawals. Likewise, Ethereum spot ETFs attracted $84.42 million after experiencing two months of outflows. The renewed demand suggested investors regained confidence in the largest digital assets as market conditions stabilized.
Besides Bitcoin and Ethereum, newer cryptocurrency investment products also ended the week in positive territory. HYPE-based funds received $10.36 million, while Solana ETFs added another $930,400 in net inflows. The difference in fund flows highlighted a temporary divergence rather than a broad shift away from XRP.
XRP fund assets remain resilient
Despite the negative weekly reading, the overall size of the XRP ETF market changed very little. Total net assets across the seven approved U.S. spot XRP ETFs stood at $996.65 million, remaining just below the $1 billion milestone.
Moreover, cumulative net inflows since the launch of the products held steady at $1.48 billion, reflecting sustained long-term investor participation. XRP’s market price also remained relatively stable throughout the reporting period. The cryptocurrency traded within the $1.10 to $1.11 range, avoiding the type of decline that often accompanies significant fund outflows.
Conclusion
The latest ETF data showed XRP temporarily diverged from the broader cryptocurrency investment trend as Bitcoin and Ethereum attracted stronger institutional demand. Even so, the outflows remained concentrated in one fund, while total assets and cumulative inflows stayed resilient, indicating that investor interest across the XRP ETF market has largely remained intact.
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