XRP ETFs Attract Fresh Capital Despite $633M Bitcoin and Ethereum ETF Losses

$XRP ETFs recorded positive net flows last week, extending their run of weekly inflows while Bitcoin, Ethereum, and Solana ETFs saw significant withdrawals.

This came amid renewed pressure across the crypto market following the Binance hack on Oct. 29, which triggered sharp price declines and prompted investors to pull money from several crypto investment products.

$XRP ETFs Maintain Positive Flows Despite Market Decline

Specifically, $XRP ETFs recorded $4.32 million in net inflows last week, slightly higher than the $4.25 million recorded in the previous week ending Oct. 23. While the latest figure may appear small, it is noteworthy given the market conditions following the Binance hack on Thursday, Oct. 29.

The incident triggered a broad market decline, with several cryptocurrencies losing value as investors rushed to reduce their exposure.

It also led to sudden withdrawals from crypto ETFs toward the end of the week. Despite this pressure, $XRP ETFs managed to finish the week with positive net flows.

The main reason was the $8.43 million in daily inflows recorded on Oct. 29. Notably, Franklin Templeton’s $XRP ETF (XRPZ) and Bitwise’s $XRP ETF ($XRP) accounted for this entire amount.

This strong daily inflow helped offset withdrawals recorded during the week, including $496,000 on Oct. 29 and $3.61 million on Oct. 26. As a result, $XRP ETFs finished the period with $4.32 million in net inflows.

Bitcoin ETFs Lose $202 Million in One Week

While $XRP ETFs attracted fresh capital, Bitcoin ETFs recorded $202.59 million in net outflows last week. Most of the pressure came from a single trading session following the Binance hack.

Notably, on Oct. 30, Bitcoin ETFs saw $643.33 million in daily outflows after the security incident on Oct. 29. This was their largest single-day withdrawal since June 25, 2026, when investors pulled approximately $696 million from the products.

The latest $643.33 million withdrawal wiped out the inflows Bitcoin ETFs had recorded during the early and middle parts of the week. Essentially, those earlier gains were not enough to prevent the products from ending the week with $202.59 million in net outflows.

Ethereum ETFs Face Continued Withdrawals

Ethereum ETFs also struggled last week, recording $431.53 million in net outflows. However, their performance was different from that of Bitcoin ETFs. While Bitcoin’s weekly figure was largely driven by one massive withdrawal, Ethereum ETFs faced selling pressure over several days.

The withdrawals started before the Binance hack on Oct. 29 and continued throughout the week. Ethereum ETFs recorded daily outflows across multiple trading sessions, with the largest reaching $155.85 million on Oct. 30.

These repeated withdrawals pushed their total weekly outflows to $431.53 million, and this made Ethereum ETFs some of the biggest losers among crypto investment products during the period.

Solana ETFs Record Biggest Weekly Outflow Since Launch

Solana ETFs also experienced heavy withdrawals, recording $71.47 million in net outflows last week. This marked their largest weekly outflow since the products launched in October 2025.

Like Ethereum ETFs, Solana ETFs faced consistent withdrawals throughout the week instead of one unusually large outflow accounting for most of their losses.

The pressure continued around the Binance hack, with Solana ETFs recording $27.69 million in daily outflows on Oct. 29 and another $10.74 million on Oct. 30, following the incident. These withdrawals contributed to their record weekly outflow of $71.47 million.

$XRP and ZCash ETFs Stand Out

Apart from $XRP, ZCash ($ZEC) ETFs were the only other crypto ETF products to record positive net flows last week. All other cryptocurrency ETFs either experienced outflows or recorded zero flows. Specifically, $ZEC ETFs attracted $17.72 million in net inflows during the week.

$XRP ETF inflows were particularly noteworthy because they came despite continued weakness in the asset’s price. On the day of the Binance hack, $XRP fell by 6.64%, contributing to its overall 3.51% decline last week.