XRP and Solana exchange-traded funds generated combined positive net inflows of $49 million over the past week, diverging sharply from Bitcoin and Ethereum ETFs which recorded net outflows of $526 million and $14 million respectively during the same period. The contrasting flow patterns reflect institutional capital rotation within the crypto ETF sector, with daily XRP inflow data from June 29 to July 2 showing sustained buying activity following brief pullbacks. According to CoinGlass data, total market capitalization across all XRP ETF products has reached $690 million, while the Bitwise Solana Staking ETF commands $595.88 million in assets under management, anchoring institutional exposure to both alternative crypto assets amid broader market repositioning.
Bitcoin and Ethereum ETFs Record Combined $540 Million Net Outflows
Bitcoin spot ETFs posted a net outflow of $526 million over the past week, representing a substantial withdrawal of institutional capital from the market's largest cryptocurrency. Ethereum investment vehicles recorded a $14 million net capital outflow during the same period. The simultaneous outflows from both dominant crypto assets occurred as XRP and Solana ETFs attracted positive inflows, indicating a shift in institutional allocation rather than a broad exit from the crypto ETF sector.
XRP and Solana ETFs Attract $49 Million in Positive Net Inflows
XRP and Solana ETFs generated a combined $49 million in positive net inflows for the week, contrasting with the outflows from Bitcoin and Ethereum products. The inflow activity concentrated on specific dates, with both assets recording their largest single-day injections on June 29.
XRP ETF Market Capitalization Reaches $690 Million with Cumulative 754.78 Million XRP Inflows
Total market capitalization across all XRP ETF products has climbed to $690 million, according to CoinGlass data. Cumulative net inflows across XRP spot products have reached 754.78 million XRP since launch. On June 29, XRP ETFs logged a single-day inflow of 14.64 million XRP. Minor outflows followed on June 30 and July 1, with 2.68 million XRP and 1.79 million XRP exiting respectively. By July 2, inflows recovered with a 6.22 million XRP injection.
The Bitwise XRP ETF (1XRP) leads the sector with $245.31 million in assets under management. The Canary XRP ETF (2XRPC) holds $225.91 million AUM, and the Franklin XRP ETF (3XRPZ) manages $167.87 million AUM. These three products represent the largest institutional allocations to XRP through ETF structures.
Bitwise Solana Staking ETF Holds $595.88 Million in Assets
The Bitwise Solana Staking ETF (BSOL) manages $595.88 million in assets, representing the dominant share of institutionally allocated capital tied to the Solana network. The product recorded a substantial 77,070 SOL net inflow on June 29, mirroring the date XRP ETFs posted their largest single-day injection. Daily movement metrics showed institutional buying stabilize through the week.
FAQ
What were the net outflows for Bitcoin and Ethereum ETFs over the past week?
Bitcoin spot ETFs experienced a net outflow of $526 million over the past week, while Ethereum investment vehicles recorded a $14 million net capital outflow during the same period.
What inflow activity did XRP ETFs record from June 29 to July 2?
XRP ETFs logged a 14.64 million XRP inflow on June 29, followed by outflows of 2.68 million XRP on June 30 and 1.79 million XRP on July 1. On July 2, inflows recovered with a 6.22 million XRP injection.
Which XRP ETFs hold the largest assets under management?
The Bitwise XRP ETF (1XRP) leads with $245.31 million in assets under management, followed by the Canary XRP ETF (2XRPC) with $225.91 million AUM and the Franklin XRP ETF (3XRPZ) with $167.87 million AUM.
