XRP Ends 80-Week Streak as Crypto Inflows Surge

XRP has drawn attention this week by recording its first investment outflow in 80 weeks, even as the broader crypto market experiences significant capital inflows. This development comes amid renewed investor enthusiasm, especially for Bitcoin and other major digital assets.

According to a CoinShares report released Monday, global digital asset investment products attracted a net total of $3.3 billion in inflows last week. This marks the sixth consecutive week of net positive inflows. Since the beginning of the year, $10.8 billion has flowed into these assets, bringing assets under management (AUM) to a record-breaking $187.5 billion.

The broader cryptocurrency market cap has also seen impressive growth, climbing by 6% to reach $3.5 trillion. This uptick was fueled by a resurgence in altcoins as well as Bitcoin’s explosive rally. Bitcoin recently reached a new all-time high of $112,000 on May 22, continuing its bullish trajectory and driving investor interest across the market.

Bitcoin led last week’s rally among institutional investors. US-based spot Bitcoin exchange-traded funds (ETFs) were the primary driver, collectively pulling in $2.98 billion in net inflows. This pushed Bitcoin’s month-to-date inflows to $5.49 billion, while year-to-date numbers reached $10.2 billion.

Ethereum-focused investment products also experienced a strong resurgence. They amassed a 15-week record inflow of $326.2 million, reflecting growing optimism around Ethereum’s future. Other altcoins like Solana and SUI recorded net positive flows of $4.3 million and $2.9 million, respectively. Additionally, short Bitcoin products attracted $12.7 million, their highest weekly inflow since December 2024, signaling investors hedging against further volatility.

In contrast, XRP-focused investment vehicles saw a significant reversal. The fourth-largest cryptocurrency by market capitalization faced a weekly outflow of $37.2 million—the highest on record for the asset. This marked the first negative flow for XRP in 80 weeks, signaling a potential shift in market sentiment amid its current price consolidation phase.

Meanwhile, among crypto fund issuers, BlackRock’s iShares Bitcoin Trust (IBIT) commanded the spotlight. It led all funds with an extraordinary $2.56 billion in weekly inflows. Notably, on one specific day last week, IBIT outperformed the Vanguard S&P 500 ETF (VOO) in daily flows for the first time—a milestone highlighted by industry observers.

Trailing BlackRock, the Fidelity Wise Origin Bitcoin Trust (FBTC) brought in $210 million in new investments. Other noteworthy contributors included Ark Investments’ and Bitwise’s Bitcoin ETFs, which recorded $101 million and $48 million in net inflows respectively, indicating robust interest among American market participants.

Regionally, the United States led by a wide margin, accounting for 98% of the total inflows with a staggering $3.3 billion. Other nations chipped in more modest amounts: Germany added $41.5 million, Hong Kong saw $33.3 million, and Australia contributed $10.9 million. These gains helped counterbalance outflows reported in Switzerland, Sweden, and Brazil.

Related: Expert Advice: Sell XRP If You’re Confused

Despite XRP’s cooling momentum in investment flows, the broader digital asset market remains on an upward trajectory. Investors seem increasingly confident in Bitcoin and select altcoins, shifting their capital accordingly. Whether XRP’s outflow is a short-term anomaly or a sign of longer-term sentiment will be closely observed in the coming weeks.