Back to Feed
Fintech▲ 30
XRP ETFs gain $35M amid Bitcoin, Ether ETF losses
CoinDesk·
U.S.-listed spot XRP ETFs experienced net inflows of approximately $35 million between May 20 and May 29, contrasting sharply with significant outflows from Bitcoin and Ether ETFs during the same period. Bitcoin and Ether funds collectively lost around $2 billion, indicating cooling institutional appetite for these larger cryptocurrencies. XRP ETFs, however, are benefiting from a distinct narrative, including potential treasury vehicle demand, though XRP's price remains relatively stable. This divergence highlights a shift in investor focus within the digital asset ETF market.
Tags
fintech
crypto
regulation
Original Source
CoinDesk — coindesk.com