Crypto ETP Recover With XRP Dominating Flows

Capital is returning to crypto investment products. After a week of strong outflows, ETPs recorded inflows of 224 million dollars. The movement remains however mixed. XRP captures the majority of flows and establishes itself as the main driver of this recovery, while other assets struggle to follow. This rebalancing reveals an evolution in investment strategies in a market still subject to high uncertainties.

Crypto ETPs rebound : XRP leads

Exchange-traded products linked to cryptos recorded net inflows of 224 million dollars, marking a reversal after a previous week of 414 million dollars in outflows.

This recovery is accompanied by a clear redistribution of flows between assets, with several key figures :

• XRP : 120 million dollars in inflows, undisputed leader of the week ;
• Bitcoin : 107 million dollars in inflows ;
• Solana : about 35 million dollars in inflows ;
• Ethereum : 53 million dollars in outflows.

James Butterfill, head of research at CoinShares, summarizes the situation: “these inflows marked a temporary rebound in investor sentiment before macroeconomic data at the end of the week and monetary policy expectations reversed the dynamic”.

This movement occurs in a context where assets under management reach 131.8 billion dollars, while cumulative flows since the beginning of the year amount to 1.2 billion dollars. The market thus shows signs of recovery, without yet displaying a clear and sustainable direction.

A rotation of capital and persistent tensions in the market

Behind these overall inflows, the market’s internal dynamics reveal stark divergences. Ethereum continues to suffer significant outflows, confirming a gradual investor disengagement. At the same time, spot Bitcoin ETFs listed in the United States remain in the red since the beginning of the year, despite positive flows observed recently.

This contrast reflects a rotation of capital towards certain altcoins, notably XRP and Solana, seen as tactical opportunities in an uncertain environment. The movements observed remain closely linked to macroeconomic expectations and monetary policy outlooks, which directly influence risk appetite.

In this context, the crypto ETP rebound appears less as a signal of sustained reversal than as a phase of adjustment. XRP’s dominance highlights a strategic repositioning by investors, while casting uncertainty on the market’s ability to maintain this momentum amid global economic pressures.