XRP ETFs Draw Inflows as Bitcoin Funds See Outflows

For investors, the key question is whether that relative resilience can translate into price support. XRP was trading around $1.38, little changed on the day, but still below its 20-day exponential moving average and sitting just under its 200-day EMA near $1.3788, according to the price data. That leaves the token technically fragile even as ETF demand has bucked the wider retreat.

The inflows were also narrowly concentrated. Franklin’s XRPZ accounted for all of Thursday’s net addition, while the other four XRP funds posted flat flows, suggesting the category’s momentum is still issuer-specific rather than broad-based. Still, XRP ETFs are on pace for a 13th straight week of net inflows, a run that would contrast sharply with the weakening appetite for funds tied to the larger crypto names.

The rest of the market looked far less supportive. Bitcoin funds were hit hardest, with Fidelity’s FBTC accounting for most of the outflows, while Ethereum ETFs logged an eighth straight session of withdrawals and Solana funds extended their losing streak to four days. That pattern points to investors reducing exposure across the sector rather than rotating wholesale into digital-asset risk.

The backdrop is bearish by conventional market measures as well. Bitcoin, Ethereum and XRP all showed depressed readings on the RSI and negative momentum in their recent price data, while Adalytica’s Bitcoin and Ethereum Fear & Greed snapshots both sit in “Extreme Fear.” In that kind of environment, ETF inflows can matter disproportionately because they represent a direct source of spot demand when speculative risk appetite is fading.

Still, the bull case for XRP is not hard to see. If the ETF bid persists, it could help stabilize a token that has been under pressure and has struggled to hold above key moving averages. Traders are also watching for signs that leveraged selling has been flushed out, which could allow a rebound if spot buying continues.

The bear case is that the current inflow story is too narrow to change the bigger trend. With demand concentrated in one fund and XRP still trading below nearby technical resistance, the market may need a broader shift in crypto sentiment before ETF flows can push price materially higher.

For now, XRP has the unusual distinction of being the only major spot crypto ETF category attracting money while its larger peers are losing it. Whether that relative strength becomes a durable price driver will depend on whether investors keep buying the fund — and whether the token can reclaim support around its short-term moving averages.