XRP ETFs See Inflows Amid Bitcoin and Ether Outflows

U.S.-listed spot XRP ETFs attracted $11.88 million in net inflows on May 29, contrasting with continued outflows from bitcoin and ether ETFs, according to CoinDesk. Bitwise's XRP ETF led with $7.36 million, followed by Canary's XRPC and Franklin's XRPZ. Total net assets in U.S. XRP ETFs reached $1.12 billion, about 1.37% of XRP's market value. From May 20 to May 29, XRP ETFs gained $35 million, while bitcoin ETFs lost $1.70 billion and ether ETFs shed $309 million, highlighting a divergence in institutional demand.