XRP Surges Past Bitcoin as Crypto ETPs Log $224M Weekly Rebound

Cryptocurrency investment products rebounded with $224 million in fresh inflows last week, marking a sharp reversal from the prior week's $414 million exodus. XRP dominated the trading flows, while bitcoin remained competitive and ethereum continued its painful outflow streak amid shifting policy expectations.

The Weekly Rebound: A Brief Reprieve

Global crypto exchange-traded products (ETPs) snapped their losing streak after a particularly rough week prior, according to CoinShares' latest analysis. The $224 million inflow brought total assets under management to approximately $131.8 billion—essentially flat compared to the same period last year. Year-to-date, the sector has accumulated $1.2 billion in inflows versus $960 million over the comparable 2024 period.

However, CoinShares head of research James Butterfill cautioned that the rebound proved temporary. "The fresh inflows marked a brief rebound in sentiment before later-week macro data and policy expectations reversed momentum," he noted. Translation: don't expect this momentum to hold without supportive catalysts.

XRP's Explosive Week: $120M Inflows Lead the Charge

XRP (XRP) stole the spotlight, capturing roughly $120 million of the weekly inflows—more than half the total. This represented the altcoin's strongest weekly inflow performance since mid-December 2025, bringing its year-to-date total to $159 million. For a token that spent most of 2024 under regulatory cloud, the surge signals renewed investor confidence in its utility and adoption narrative.

Bitcoin (BTC) followed respectably close behind with $107 million in inflows, lifting its year-to-date flows above the $1 billion mark. The crypto market intelligence picture gets grimmer when you examine US spot Bitcoin ETF flows specifically: only $22 million of those gains came from American instruments, which remain underwater for the year. This divergence suggests international and institutional interest outpacing domestic enthusiasm.

Solana (SOL) also posted minor inflows totaling $35 million last week, maintaining steady momentum that now represents roughly 10% of its total assets under management.

Ethereum's Persistent Weakness

Ether (ETH) investment products continued deteriorating, with another $53 million in outflows last week following a brutal $222 million exodus the prior week. Year-to-date, ethereum has hemorrhaged $327 million—a troubling trend for the second-largest cryptocurrency by market cap.

Butterfill attributed this negative sentiment to the CLARITY Act, landmark crypto legislation closely tied to stablecoin regulation. Since most stablecoins run on the Ethereum blockchain, regulatory uncertainty around this bill has spooked eth investors. US Senate Banking Committee member Bill Hagerty recently signaled potential legislative movement in coming weeks, adding to the uncertainty premium.