Crypto ETPs Draw $224 Million as XRP Leads Weekly Inflows

US-listed spot cryptocurrency ETFs give investors price exposure through conventional brokerage accounts, making their flows a closely watched gauge of institutional demand and risk appetite. Ether and XRP funds had attracted money for 12 and 11 consecutive sessions, respectively, before both runs ended. The reversal, alongside renewed demand for Bitcoin products, points to a rotation toward the market’s most liquid digital asset as cryptocurrency prices broadly retreated.

On Sept. 2, US spot Ether ETFs posted $48.08 million in net outflows after drawing $1.62 billion during their 12-session streak, according to SoSoValue. XRP ETFs lost $7.2 million, ending an 11-session run that attracted about $170 million. Bitcoin ETFs reversed a $236.5 million outflow the previous day with $101.2 million of net inflows, led by $115.45 million into BlackRock’s IBIT. Over seven days, Ether fell 3.4%, XRP 2.4% and Bitcoin 1.3%, CoinGecko data showed.

XRP is the cryptocurrency used in Ripple’s cross-border payments network. U.S.-listed spot ETFs allow investors to gain exposure to its price without directly holding the token. Their fund flows are closely watched for signs that institutional investors may be rotating away from major assets such as bitcoin and ether into other cryptocurrencies.

By late May, U.S.-listed spot XRP ETFs had recorded about $35 million in cumulative net inflows, lifting their total assets to $1.12 billion. Over the same period, bitcoin and ether ETFs posted combined net outflows of about $2 billion, highlighting a marked divergence in fund flows.

XRP is the native asset of the Ripple ecosystem and the XRP Ledger. U.S. spot ETFs give investors price exposure without requiring them to hold the token directly. Flows into and out of five products from Franklin Templeton, Bitwise, Grayscale, Canary Capital and 21Shares have therefore become an important gauge of institutional demand.

On May 11, 2026, the five ETFs recorded combined net inflows of $25.8 million, the highest since $46 million was logged on January 5, bringing cumulative net inflows to $1.35 billion. The buying coincided with Ripple’s completion of $200 million in financing provided by Neuberger Specialty Finance and a Treasury tokenization settlement pilot with JPMorgan, Mastercard and Ondo Finance.

Crypto asset manager CoinShares tracks flows into cryptocurrency exchange-traded products (ETPs) worldwide, providing a gauge of risk appetite among institutional and professional investors. Bitcoin products remain the main source of inflows, making the durability of those flows an important indicator of market confidence.

CoinShares said in its latest weekly report released on July 20 that crypto ETPs attracted $117.8 million in net inflows the previous week, marking a fifth consecutive week of net inflows. The market faced selling pressure early in the week, but strong inflows on Friday reversed the weekly trend and lifted net inflows for 2026 to date to $4.02 billion.

Cryptocurrency exchange-traded products (ETPs) allow investors to gain exposure to digital assets such as Bitcoin and Ethereum through regulated instruments. Their fund flows are often viewed as a gauge of institutional demand and market risk appetite. CoinShares said digital assets continued to attract safe-haven allocations amid geopolitical pressure from the Iran crisis, making the sustained inflows particularly notable.

CoinShares said on March 16, 2026, that cryptocurrency investment products drew $1.06 billion in net inflows in the week ended March 13, marking a third consecutive week of inflows. The three-week total reached $2.7 billion, lifting year-to-date net inflows to about $1.2 billion. Bitcoin attracted $793 million and Ethereum received $315.3 million, while total assets under management have risen 9.4% since the Iran crisis began, approaching $140 billion.