AI · CoinDesk
XRP ETFs add $35 million as bitcoin and ether funds lost $2 billion in late May
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
XRP funds are getting the bid that bitcoin and ether ETFs are missing.
Key facts
- Bitwise’s XRP ETF led the group with $7.36 million of inflows on May 29, followed by Canary’s XRPC at $2.38 million and Franklin’s XRPZ at $2.14 million
- From May 20 to May 29, U.S. spot XRP ETFs took in about $35 million, while bitcoin ETFs lost roughly $1.70 billion and ether ETFs shed $309 million, according to SoSoValue data
- UPDATE (May 30, 12:08 UTC): (An earlier version of this story focused on a October 2025 that said Ripple was leading a planned $1 billion XRP treasury raise
- In October 2025, that Ripple Labs was leading an effort to raise at least $1 billion through a SPAC to accumulate XRP inside a new digital asset treasury vehicle
Summary
U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions. Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and ether ETFs lost roughly $2 billion combined over the same period. The divergence in flows comes as XRP benefits from a distinct policy and product narrative, including potential treasury-vehicle demand, though its price remains stuck in the low-$1.30s despite the ETF inflows. U.S.-listed spot XRP ETFs posted $11.88 million in net inflows on May 29, extending a week of positive flows even as the larger bitcoin and ether ETF markets continued to lose capital, SoSoValue data show.