Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP attracts investors with $37.7 million weekly ETP inflow amid tepid market

XRP attracts investors with $37.7 million weekly ETP inflow amid tepid market

CryptoSlateCryptoSlate2025/04/22 04:52
By:Oluwapelumi Adejumo

Digital asset investment products recorded a modest $6 million in inflows last week, according to CoinShares’ latest report.

This follows several weeks of notable outflows, reflecting a cautious market sentiment.

James Butterfill, Head of Research at CoinShares, said the week began positively, with capital trickling into digital assets.

However, he pointed out that the mid-week US retail sales data, which came in stronger than expected, appears to have spooked investors, prompting significant withdrawals.

Butterfill said total outflows following the report reached $146 million, erasing earlier gains.

Bitcoin and Ethereum face pressure, while XRP shines

Bitcoin, the bellwether digital asset, remained the most actively traded crypto but ended the week with a small outflow of $6 million.

Butterfill pointed out that the asset’s trading patterns reflected market uncertainty, with inflows reversing after the release of US economic data.

Meanwhile, Short Bitcoin products also experienced continued pullback, marking their seventh consecutive week of outflows. These products lost another $1.2 million, bringing total outflows to $36 million, around 40% of assets under management.

Ethereum, on the other hand, continued to see investor caution. Last week alone, the asset faced $26.7 million in outflows, pushing its eight-week total losses to $772 million. Despite this, it still holds a positive YTD net inflow of $215 million, trailing only Bitcoin.

Amid the broader uncertainty, XRP had the strongest weekly inflow among all assets. The token raised $37.7 million, driven by growing expectations around a potential spot XRP ETF and sustained interest in Ripple’s developments.

Butterfill stated that XRP is now the third most popular crypto asset by year-to-date inflows, with $214 million added in 2025.

Across the regions, US-based investors led the outflows again, pulling $71 million from crypto funds.

This trend contrasts sharply with behavior in other regions. European countries showed a stronger risk appetite, with Switzerland recording $43.7 million in inflows, followed by Germany with $22.3 million. Canada also saw gains, attracting $9.4 million in new capital.

The post XRP attracts investors with $37.7 million weekly ETP inflow amid tepid market appeared first on CryptoSlate.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!