$XRP exchange-traded funds attracted $70 million in fresh investment during a week when broader crypto products hemorrhaged $446 million in outflows, according to CoinShares data. Franklin Templeton's recently launched XRP fund alone captured $28.6 million of the inflows.
The second consecutive week of net outflows brought total redemptions to $3.2 billion since October's market shock. CoinShares attributed the trend to continued investor caution following sharp price declines triggered by tariff threats from President Trump.
Bitcoin products led the exodus with nearly $443 million in withdrawals, while Ethereum funds lost $59 million. Year-to-date inflows of $46.3 billion remain close to 2024's $48.7 billion pace, but total assets under management grew just 10%, indicating many investors saw negative returns after accounting for capital flows.
Solana products provided the only other bright spot beyond XRP, drawing $7.5 million in new capital. The selective inflows suggest investors are rotating toward alternative assets rather than exiting crypto exposure entirely.
October's flash crash ranks among the largest liquidation events in crypto history. The sell-off was partly triggered when Trump threatened to impose 100% tariffs on Chinese imports, creating cascading margin calls that appeared to involve institutional-scale positions.
The United States dominated outflows with $460 million in withdrawals, reflecting the concentration of major Bitcoin and Ethereum ETPs in American markets. Switzerland recorded $14 million in outflows, ranking second globally.
Germany stood apart with $35.7 million in inflows during the week. The country has recently attracted $248 million, with CoinShares suggesting German investors are treating price weakness as an accumulation opportunity rather than a signal to exit.
Last week marked a reversal after three straight weeks of positive flows totaling $952 million. CoinShares concluded that investor sentiment has not fully stabilized following the sharp October correction in crypto markets.
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