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Bitcoin ETFs ended a three-day inflow streak with net outflows of $46.65 million. Ethereum followed with $24.29 million in outflows from spot products, while Hyperliquid ETFs experienced withdrawals of $12.96 million. A smaller $667,720 outflow was reported by Solana. As a result, $XRP was the only asset among these five that had positive daily flows.
Additionally, the overall view is still positive. Five U.S. spot $XRP ETFs have net assets of about $1.51 billion and cumulative net inflows of about $1.69 billion. In just the past 30 days, $XRP products have brought in about $173 million.
Is $XRP in pre-breakout territory?
When compared to the underlying market, the divergence becomes especially intriguing. Following its significant August breakout, $XRP is currently trading between $1.39 and $1.40 and is still above the long-term moving average at $1.35. Buyers have so far avoided a total reversal toward pre-breakout territory, even though the initial rally has cooled.
Though its ETF flows have gone negative for the day, Bitcoin is likewise consolidating around $79,000 following its swift recovery. Despite its ETF outflow, $HYPE is still near its recent highs of $86, while $SOL is holding around $104 following its surge toward $110.
However, a single successful session should not be taken as proof that institutional capital is firmly shifting to $XRP. At about $55.59 billion, Bitcoin's total ETF inflows are still much higher.
The current divergence may be a sign of relatively higher institutional demand if inflows continue while BTC, $SOL, and $HYPE products find it difficult to draw in capital. As of right now, $XRP has emerged victorious in the daily ETF flow comparison; however, confirming a significant trend will require a few more positive sessions.
u.today
