XRP ETFs Draw $8.88M as Bitcoin and Ether Funds See Fresh Withdrawals

XRP held around $1.37 by midday Thursday in Hong Kong, as steady buying into XRP-linked exchange-traded funds offered support even while the broader crypto complex struggled to find direction. CoinGlass data shows XRP ETF products took in $8.88 million in the latest session, extending a week-long run of net inflows. The prior sessions included $18.52 million on May 14 and $10.87 million on May 15. Total inflows over the past week are roughly $42 million. The picture looked very different for the largest listed crypto funds. Bitcoin ETFs recorded another $100.9 million of outflows in the latest session, adding to earlier withdrawals of $648.6 million, $331.1 million, and $290.4 million. Ether funds also saw redemptions, with $32.6 million leaving the market. Analysts have highlighted the divergence. XRP ETF flows remain small relative to the scale of Bitcoin products, but the consistency stands out as capital has been exiting the biggest crypto vehicles. On-chain data added a second signal. Santiment reported XRP logged the fourth-largest daily jump in wallet creation this year, with 4,300 new wallets added over 24 hours. New wallet growth can align with rising interest in XRP ETF products when fund flows and network activity move in tandem. Even so, network growth is still below late-2025 levels, keeping optimism in check. Traders are watching whether the XRP ETF inflows mark the start of a broader rotation into XRP or a short-lived speculative burst while Bitcoin and Ether remain under pressure.