Bitcoin ETF attracts $562 million in a single day, XRP spot ETF shifts to net outflows, are investor preferences changing?

GateNews
XRP2,28%
BTC2,94%
ETH3,24%
SOL0,04%

American cryptocurrency spot ETF capital flows show a clear divergence. Data indicates that on that day, the total net inflow of Bitcoin spot ETFs was approximately $562 million, maintaining strong appeal despite the overall market weakness. Among them, Fidelity’s products led with about $153 million in single-day inflows, demonstrating that institutional investors’ willingness to allocate to BTC remains solid. Bitcoin prices stayed around $78,000, providing a stable anchor for continued capital inflows.

In contrast, Ethereum spot ETFs experienced a slight net outflow on that day, amounting to about $2.86 million, reflecting some short-term caution among investors regarding ETH. Even more notably, XRP spot ETFs also saw net outflows, totaling approximately $400,000. Although the scale is small, it stands out among mainstream ETFs. 21Shares’ XRP product saw a single-day outflow of about $950,000, while Bitwise-related products experienced a slight inflow of about $540,000, with other products remaining relatively flat.

Despite the capital outflows, the overall asset size of XRP spot ETFs still exceeds $1.1 billion, accounting for about 1.1% of the total market cap of that asset class. The daily trading volume was around $40 million, indicating that market activity has not significantly declined. This “stable volume but negative capital flow” structure reflects investor disagreement: some are cautiously reducing their positions, while others maintain neutral allocations.

In comparison, Solana-related spot ETFs saw a net inflow of about $5.58 million on that day, making it one of the few products maintaining positive capital flow. Some institutions view it as a potential leader in DeFi and blockchain gaming sectors, reallocating some positions from other assets.

Overall, ETF capital is showing a clear safety preference. Bitcoin continues to serve as the “core asset,” becoming the first choice before risk appetite rebounds; Solana attracts growth-oriented funds; while XRP remains in a wait-and-see zone, awaiting more convincing catalysts. In the short term, this structure is likely to continue dominating the flow of funds in the crypto market.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Evolves From Bridge Asset to DeFi Collateral, Says Evernorth CEO

Evernorth CEO Asheesh Birla is shifting XRP's role from a settlement tool to a productive asset in decentralized finance, focusing on capital efficiency. The company aims to activate dormant capital through initiatives like native XRP lending, positioning XRP as a key player in credit markets.

CryptoFrontier3h ago

XRP Rallies to $1.48 Amid Iran Deal and Ripple Banking News

XRP price rose to $1.48 on April 17, up 4.51% over the last 24 hours, as stronger trading activity, easing geopolitical tension, and Ripple-related banking developments supported sentiment, according to market data. Daily trading volume increased 14.35% to $4.52 billion, while the token's market

CryptoFrontier4h ago

XRP Goes Live on Solana as Official Wrapped Token

Ripple's XRP launched on Solana as a wrapped cross-chain asset on April 17, partnering with Hex Trust and others. This move, aimed at boosting liquidity and expanding access to Solana's DEX ecosystem, highlights Solana's growing role in cross-chain tokenization.

GateNews4h ago

XRP ETFs Surpass $1B in Total Net Assets on Strong Institutional Inflows

XRP exchange-traded funds (ETFs) have exceeded $1.08 billion in net assets, driven by significant institutional demand and daily inflows. Bitwise holds the largest share with $313.69 million, indicating strong market interest in XRP investments.

GateNews6h ago

XRP Consolidation Signals Reset as Bullish Setup Emerges

XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.

CryptoNewsLand6h ago
Comment
0/400
No comments