🚨 XRP ETFs held up better than Bitcoin funds during the market crash, but the token still got dragged lower 🚨
Spot XRP ETFs pulled in $2.62 million in net inflows over the week even as crypto markets sold off hard, while Bitcoin ETFs suffered about $1.7 billion in outflows. Still, XRP itself fell roughly 21%, sliding from about $1.33 to near $1.05.
🔑 Key points
🔹 Spot XRP ETFs recorded about $2.62 million in net inflows during the week.
🔹 Bitcoin ETFs saw roughly $1.7 billion in net outflows over the same period.
🔹 XRP-focused funds had one notable red day on June 3, when about $5.34 million exited.
🔹 Those withdrawals were offset by inflows of about $4.13 million on June 1 and $3.83 million on June 4.
🔹 Cumulative XRP ETF inflows climbed to a fresh record above $1.43 billion.
🔹 Bitwise’s XRP fund is currently leading the race with about $467 million in assets, just ahead of Canary Capital’s roughly $458 million.
🔹 Despite ETF strength, XRP price still dropped to around $1.05, its lowest level since late 2024.
🎯 Bottom line: XRP ETFs held up far better than Bitcoin funds, but price still got crushed with the rest of the market.
https://blocknews.com/xrp-funds-outperform-bitcoin-etfs-during-market-crash-here-is-what-investors-should-know/