XRP continues to attract investor interest even as major cryptocurrencies like Bitcoin and Ethereum record significant outflows. According to the latest report from CoinShares, XRP stood out among altcoins, bucking a broader market trend marked by caution and shifting U.S. monetary policy signals.
Bitcoin and Ethereum Face Substantial Weekly Outflows
In a turbulent week for cryptocurrency investment products, Bitcoin and Ethereum saw combined outflows totaling a staggering $1.44 billion, the largest weekly decline since March. Bitcoin bore the brunt, with $1 billion leaving Bitcoin-related funds. This market behavior followed widespread fears about the Federal Reserve’s stance on interest rates, which had spooked investors early in the week, triggering $2 billion in withdrawals.
Although sentiment improved slightly following midweek, Bitcoin ended the week on a low note. Year-to-date, Bitcoin-related products represent only 11% of assets under management—a sign of cautious optimism at best.
Meanwhile, Ethereum saw a notably quicker bounce-back midweek, capping its total weekly outflow at $440 million. Despite short-term losses, Ethereum has drawn $2.5 billion in inflows this month—a stark contrast to Bitcoin’s net monthly outflow—and its year-to-date inflows now make up 26% of total assets under management (AUM).
XRP, Solana, and Cardano Defy the Trend
Amid major token outflows, a few altcoins registered encouraging inflows, signaling targeted investor confidence. XRP led the altcoin inflow push with $25 million in new capital added last week. Its month-to-date total now stands at $173 million, and year-to-date inflows have reached an impressive $1.26 billion. These figures bring XRP’s total AUM to $2.75 billion.
Solana was another standout, registering $12 million in inflows for the week. Bolstered by earlier gains, Solana’s month-to-date inflows reached $211 million, while year-to-date totals hit $1.06 billion. Investment products tracking Solana now manage close to $2.9 billion in assets.
Cardano also benefited from improved sentiment, along with other altcoins like Chainlink, Litecoin, and Cronos. Cronos-based products saw $4.4 million in weekly inflows, bringing the total for the year to $62 million and AUM to $92 million.
However, not all altcoins enjoyed the surge. Sui and Toncoin saw declines, with Sui down by $12.9 million and Toncoin losing $1.5 million. Despite this, Sui’s performance for the year remains positive, with total inflows of $121 million and $322 million in assets under management.
Weekly digital asset inflows and outflows by coin and fund type. Source: CoinShares Report
Fed Policy and Regional Market Responses
The week’s volatile asset movements mirrored shifts in U.S. monetary policy outlook. A hawkish tone from the Federal Reserve initially drove heavy selling, creating panic across major digital assets. However, remarks by Fed Chair Jerome Powell during his Jackson Hole appearance prompted a partial recovery, reversing some losses and sparking end-of-week inflows of $594 million.
On the regional front, the United States posted the steepest outflows, with a total of over $1.3 billion withdrawn. Sweden followed, reporting $135.5 million in outflows. Switzerland also saw significant dips, losing $11.8 million. In contrast, markets in Australia, Brazil, Canada, Germany, and Hong Kong posted positive net inflows for the same period, reflecting a more diverse global investor response.
The broader ETP (Exchange-Traded Product) trading volume increased markedly despite the outflows. Volume surged to $38 billion last week—representing a 50% increase over the 2024 average—suggesting active investor reallocation rather than a complete market pullout.
In a week defined by economic uncertainty, altcoins like XRP and Solana demonstrated investors’ willingness to explore alternatives to Bitcoin and Ethereum. With growing institutional interest and steadier inflow trends, XRP continues to assert its relevance in the evolving landscape of digital assets.
