This week brought notable developments in the cryptocurrency market. On Thursday midday, XRP was trading around $1.37 in Hong Kong, with ETF and on-chain data showing that some investors were turning their attention toward this asset. During the same period, Bitcoin held steady at $77,400, while Ether continued to face selling pressure.
XRP funds see $42 million inflow as BTC ETFs lose $1.27 billion
Rising momentum for XRP
According to data provided by CoinGlass, XRP-linked investment products recorded an $8.88 million inflow in the latest trading day. This followed inflows of $18.52 million and $10.87 million on May 14 and 15, respectively, sustaining the positive momentum throughout the week. Over the past seven days, investors have put approximately $42 million into XRP-based funds, reflecting ongoing strong net inflows.
Analysts noted, “While major crypto funds are seeing outflows, continued inflows into XRP products point to a shift as investors explore alternative cryptocurrencies.”
Significant outflows from Bitcoin and Ether products
During the same timeframe, one of the largest crypto investment vehicles, Bitcoin ETFs, saw $100.9 million exiting in a single day. Short-term data also show significant withdrawals of $648.6 million, $331.1 million, and $290.4 million from ETFs. Ether-focused investment products saw similar trends, including a $32.6 million outflow in the latest session.
| XRP | +8.88 million $ | +42 million $ |
| Bitcoin ETF | -100.9 million $ | -1,270.1 million $ |
| Ether Products | -32.6 million $ | Unknown |
On-chain signals point to new activity
Beyond market flows, on-chain crypto data also pointed to a surge in XRP activity. Blockchain analytics firm Santiment reported that 4,300 new wallets were opened on the XRP network in the past 24 hours, marking the fourth largest single-day increase in 2024.
Mini glossary: On-chain refers to technology that makes all transactions on a blockchain network transparent and openly viewable. These metrics are often used to assess how much a token or network is actually being used and whether new investors are entering.
The increasing number of new wallets typically signals fresh participation in the network, especially when combined with capital inflows. However, analysts highlighted that overall XRP network growth has declined since the end of 2025, noting that this week’s wallet growth may be a short-term spike rather than a sustained trend.
Market assessment and investor positioning
The key question for investors is whether the recent surge of activity around XRP hints at a broader shift in the market, or if it simply reflects a brief wave of trading. With persistent pressure on Bitcoin and Ether, market observers are watching closely to see if the current move toward alternative assets is temporary or the beginning of a new trend.
Live data tracked by CryptoAppsy at midday Thursday continued to show XRP holding steady at $1.37, reflecting reserved movement amid the broader volatility in the market.
The crypto sector continues to experience rapid swings in fund flows, with XRP notably gaining new attention even as established leaders like Bitcoin and Ether face persistent outflows. Analysts and investors alike are weighing whether this pattern signifies a deeper rotation into alternative cryptocurrencies or remains a short-lived phenomenon.
Factors such as ETF inflows, on-chain activity, and sentiment shifts are playing a larger role in guiding market behavior. As more investors seek alternatives in a challenging environment, XRP’s recent momentum is drawing increased scrutiny.
At the same time, the surge in new wallet signups on the XRP network has added to market curiosity, offering potential evidence of growing user interest, though sustained network expansion remains to be seen.
Investors are advised to keep an eye on continued ETF flows, real-time on-chain developments, and shifting sentiment across the top digital assets for further signals about the sector’s direction in the weeks ahead.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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