XRP ETF Inflows Crush Bitcoin & Ethereum – The Numbers Reveal a Stunning Shift

Forget the old guard. A new contender just bulldozed past crypto's reigning titans in the race for institutional capital.

The Underdog's Surge

XRP-focused exchange-traded funds have pulled off a stunning coup, vacuuming up more fresh investor money than their Bitcoin and Ethereum counterparts combined. The data doesn't lie—it screams a shift in sentiment. While analysts were busy debating the next move for the big two, a wave of capital quietly rerouted, betting on a different horse in the digital asset derby.

Decoding the Flow

This isn't just a blip. The inflow figures tell a story of calculated positioning. It suggests a segment of the market is looking beyond the store-of-value narrative, placing chips on utility, regulatory clarity, and settlement speed. The move highlights a growing appetite for assets perceived to have cleared major legal hurdles—a not-so-subtle nod to the industry's fatigue with regulatory ambiguity.

What the Street Isn't Saying

Let's be real: half of Wall Street still can't explain the difference between a blockchain and a bike chain, but they can follow a money trail. This inflow surge is their kind of language. It cuts through the tech jargon and points to cold, hard demand. It’s a classic case of the market voting with its wallet, often ahead of the headlines and analyst upgrades.

The momentum is here. Whether it marks a permanent reshuffling or a brilliant tactical play, one thing's clear: the ETF landscape is no longer a two-horse race. The floodgates might just be opening for the rest of the pack.

XRP ETFs Inflow Profile Establishes Category Leadership

The first wave of US spot XRP ETFs launched on November 13, led by Canary Capital’s XRPC, which opened with $243.05 million in first-day inflows and has since maintained consistent positive flows, frequently exceeding $100 million in single-day inflows. Across the four active issuers—Canary Capital (XRPC), Bitwise (XRP), Grayscale (GXRP), and Franklin Templeton (XRPZ)—cumulative net inflows have now surpassed $756 million, according to SoSoValue data. 

Daily performance across the broader market has followed the same strong pattern. XRP ETFs saw $243.05 million in inflows on November 14, $118.15 million on November 20, and $164.04 million on November 24. By December 1, it secured another $89.65 million, reinforcing the steadiness of demand throughout the launch phase.

Together, these numbers place XRP ahead of every other non-stablecoin asset in ETF inflows over the same period. Independent reports also show that the category gathered $587 million within its first ten trading days, surpassing early benchmarks set by previous altcoin ETF rollouts—including those tied to bitcoin and Ethereum.

Institutional Capital Flows Favor XRP Over Bitcoin And Ethereum

XRP ETFs’ inflow performance becomes even more pronounced when compared with contemporaneous Bitcoin and ethereum ETF inflows. On December 1, Bitcoin ETFs recorded $8.48 million in net inflows—roughly one-tenth of XRP’s same-day figure. By contrast, Ethereum ETFs reported more than $79 million in net outflows, continuing a multi-week trend of capital rotation away from ETH-linked products.

This divergence underscores a clear reallocation dynamic in the US market. While Bitcoin and Ethereum remain the dominant assets by AUM, inflow velocity has shifted decisively. XRP’s ability to attract more cumulative net inflows than the leading two crypto assets—despite launching later and holding a smaller market capitalization—marks a material development in ETF-driven capital flows.

The launch sequencing provides additional clarity. Franklin Templeton’s XRPZ and Grayscale’s GXRP both delivered standout debuts, recording $62.6 million and $67.4 million in first-day inflows, respectively, marking the strongest ETF launches of 2025 to date. This surge contributed to a broader inflow cycle that added roughly $300 million across the XRP ETF ecosystem, propelling XRP into the top tier of crypto ETFs by net new capital, despite the underlying asset remaining below key price resistance levels.

Data from multiple independent trackers shows that XRP ETFs have recently recorded higher net inflows than Bitcoin and Ethereum ETFs. Across the tracked XRP ETF issuers, inflows have been consistently strong, indicating a notable shift in investor capital allocation among newly launched digital-asset ETFs.