$XRP ETFs Defy the Trend with 15.34 Million Dollar Daily Inflow

XRP spot ETFs recorded a net inflow of 15.34 million dollars on June 29, marking yet another day of institutional demand for the token while Bitcoin and Ethereum products continued to bleed . The Bitwise XRP ETF led the day's activity with 11.94 million dollars, followed by the Canary XRP ETF with 3.40 million dollars .

The Divergence Is Getting Harder to Ignore

The contrast between XRP and the broader crypto ETF market is becoming increasingly stark. On the same day, Bitcoin ETFs saw net outflows of approximately 231 million dollars, while Ethereum ETFs shed about 30 million dollars . Solana ETFs managed a modest inflow of 5.52 million dollars, well below XRP's performance .

XRP ETFs have now recorded eight consecutive weeks of net inflows, bringing the cumulative total to approximately 1.485 billion dollars . Total net assets across XRP ETFs now stand at 972 million dollars, representing about 1.47 percent of XRP's total market capitalization . The Bitwise XRP ETF has surpassed the 500 million dollar cumulative inflow milestone, according to fund-flow data .

What Is Driving This Rotation

The sustained demand for XRP ETFs suggests institutional investors are making a calculated bet on the token's regulatory clarity and utility in cross-border payments and tokenization . This contrasts with the broader institutional retreat from Bitcoin and Ethereum, which has been driven by rising Treasury yields and quarter-end portfolio rebalancing.

However, the ETF demand has not translated into significant spot price appreciation. XRP is currently trading around 1.05 dollars, down roughly 21 percent over the past 30 days and more than 37 percent year-to-date . The token remains below key moving averages, with resistance near 1.10 dollars and the 50-day EMA at 1.20 dollars .

Network Activity Signals Underlying Strength

On-chain data tells a more optimistic story. Daily active addresses on the XRP network climbed 72 percent in two weeks, from 23,000 on June 14 to nearly 39,500 by June 27 . The heaviest burst of activity came on June 29, when volume reached 86.5 million XRP, roughly 67 percent above the 24-hour average . This suggests real network usage is growing even if price remains under pressure.

The Bottom Line

XRP ETFs continue to attract institutional capital despite the token's price weakness and broader market outflows. The eight-week inflow streak and cumulative 1.485 billion dollar total indicate that some allocators are positioning for XRP-specific catalysts, perhaps tied to regulatory clarity or its role in cross-border payments and tokenization.

For now, the divergence between ETF demand and spot price remains a notable feature of the market, one that bears watching for signs of eventual price discovery.

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