via CoinDesk · By CoinDesk Staff
XRP ETFs attract inflows amid wallet surge. bitcoin, ether funds struggle.
XRP/USDT
$1,178,001,049.80
$1.3385 / $1.2947
Change: $0.0438 (3.38%)
+0.0041%
Longs pay
Fresh inflows into XRP-linked funds and a spike in newly created wallets suggest some traders may be rotating into the token while trimming exposure to crypto’s largest assets.
XRP held near $1.37 by midday Hong Kong time on Thursday, according to CoinDesk market data, with fresh ETF and on-chain data suggesting some investors may be rotating into XRP. Meanwhile, market leader bitcoin BTC$77,342.33 hovered around $77,400 and ether (eTH) remained under pressure.
CoinGlass data shows XRP-linked funds pulled in $8.88 million in the latest session, extending a streak of positive flows that includes $18.52 million on May 14 and $10.87 million on May 15. Across the past week, XRP products have attracted roughly $42 million in net inflows.
This has caught analysts' attention because money has been leaving the largest listed crypto products. Bitcoin ETFs lost another $100.9 million in the latest daily session, following redemptions of $648.6 million, $331.1 million, and $290.4 million earlier in the same stretch. Ether products also remained under pressure, losing $32.6 million in the latest session.
The data suggests a selective appetite for alternative crypto exposure, though XRP’s broader network growth trend remains weaker than late 2025 levels.
Onchain activity offers a second, though less definitive, signal.
XRP recorded the fourth-largest daily spike in wallet creation this year, with 4,300 new wallets added in 24 hours, according to Blockchain analytics firm Santiment.

Fresh wallet creation can sometimes point to new network participation, particularly when paired with capital inflows.
But the broader Santiment chart suggests caution.
XRP’s network growth has generally trended lower since late 2025, making the latest move look more like a sharp one-day spike than clear evidence of sustained adoption.
For traders, the question is whether XRP is seeing the early stages of a broader rotation trade, or simply a short-lived burst of speculative positioning while the wider crypto market remains under pressure.
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