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On-chain data shows that XRP exchange-traded funds (ETFs) have continued to attract steady inflows

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Source: Chart from CryptoKrali on X.

The difference in fund flows and investor demand suggests that institutions and large players are increasingly favoring the altcoin exposure over Bitcoin and Ethereum despite their waning price action.

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Summary

On-chain data shows that XRP exchange-traded funds (ETFs) have continued to attract steady inflows, while Bitcoin and Ethereum ETFs have recorded consecutive days of outflows. Market analyst CryptoKrali has pointed to a growing split in crypto ETF flows. In a post shared on X, CryptoKrali noted that while Bitcoin and Ethereum ETFs saw heavy selling pressure through the end of May, XRP-linked products saw steady inflows. According to the analyst’s cited data, U.S.-listed XRP ETFs saw another wave of inflows over the past week, lifting total inflows since May 20 to about $35 million. CryptoKrali explained that the massive gap in fund flows reflects a cooling of demand for exposure to Bitcoin and Ethereum.

Read full article at Bitcoinist →

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