XRP Keeps Dominating ETF Inflows

3 hour ago 4 sources positive

Key takeaways:

  • Institutional rotation from BTC/ETH to XRP/SOL ETFs signals a maturing appetite for alternative Layer-1 narratives.
  • XRP's substantial ETF inflows despite ongoing legal overhang suggest market confidence in a favorable resolution.
  • Traders should monitor if Solana's staking yields via BSOL sustain institutional demand beyond initial rotation.

Bitcoin and Ethereum spot ETFs suffered heavy outflows last week, while XRP and Solana investment vehicles attracted fresh institutional capital. According to CoinGlass data, Bitcoin ETFs saw a net outflow of $526.64 million, and Ethereum ETFs shed $13.67 million. In stark contrast, XRP ETFs pulled in $17.19 million in net weekly inflows, and Solana ETFs added $5.75 million.

XRP ETFs showed particular resilience, with total market capitalization for all combined products climbing to $690 million. Cumulative net inflows since inception have reached an impressive 754.78 million XRP. Daily transaction logs highlight the momentum: a massive single-day inflow of 14.64 million XRP on June 29, followed by minor pullbacks of 2.68 million XRP on June 30 and 1.79 million XRP on July 1, before a rebound with 6.22 million XRP on July 2. The Bitwise XRP ETF (1XRP) leads the sector with $245.31 million in assets under management, followed by the Canary XRP ETF (2XRPC) at $225.91 million and the Franklin XRP ETF (3XRPZ) at $167.87 million.

Solana ETFs also demonstrated strong resilience. The Bitwise Solana Staking ETF (BSOL) commands $595.88 million in assets, representing the lion’s share of institutional capital allocated to the network. A net inflow of 77,070 SOL on June 29 reinforced the positive trend.

The weekly flows suggest institutional investors are increasingly diversifying beyond Bitcoin and Ethereum, with growing optimism about the expanding ecosystems and long-term adoption of XRP and Solana.

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