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XRP ETFs Draw $8M During Broad Crypto Fund Selloff Led By Bitcoin

XRP ETFs Draw $8M During Broad Crypto Fund Selloff Led By Bitcoin

U.S. spot XRP (XRP) ETFs drew about $8 million Thursday while Bitcoin (BTC) funds lost $244 million, extending their two-day withdrawals to roughly $729 million.

Key Points:

  • XRP ETFs were the only major crypto ETF category with net inflows Thursday, adding about $8 million.
  • Bitcoin ETFs lost $244 million after $485 million of withdrawals Wednesday, taking the two-day total to about $729 million.
  • Ethereum (ETH), Solana (SOL) and Zcash (ZEC) funds also posted outflows.

XRP ETF Flows

U.S. spot XRP ETFs were the only crypto ETF group to finish Thursday with net inflows. All of the money went into Franklin Templeton’s XRPZ, which added about 6 million XRP, while the other four XRP funds recorded no flows.

Bitcoin ETFs lost about $244…

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