More money flowed into XRP (CRYPTO: XRP) investment products last week than into Bitcoin, Solana, and every other crypto asset combined. CoinShares reported $119.6 million in net inflows across XRP funds, which includes ETFs, ETPs, and trusts globally. It amounted to about 53% of all crypto fund inflows for the entire week and the largest weekly figure for XRP since mid-December 2025.

When you look at who is actually buying, it is coming from a new and unexpected wave of investors. Most of that $119.6 million did not come from the United States, where six spot XRP ETFs are already listed. It came from Europe, with Switzerland alone accounting for more than five times the U.S. contribution. So…