On September 8th, the spot ETF fund data showed that XRP became the only product category among the major cryptocurrencies to record a single-day net inflow. In contrast, Bitcoin, Ethereum, Solana, and Hyperliquid related products all experienced outflows on that day, allowing XRP to stand out in the short-term capital comparison.
Only XRP of the five types of products shows a net inflow.
According to the latest data, XRP's spot products had a net inflow of approximately $1.55 million on that day. While the absolute amount is not large, it performed the best among the main encrypted ETF products on that day.
- XRP: Net inflow of approximately $1.55 million
- Bitcoin: Net outflow of approximately $46.65 million
- Ethereum: Net outflow of approximately $24.29 million
Two other types of products have also been reported to have leaked:
- Hyperliquid: Net outflow of approximately 12.96 million US dollars
- Solana: Net outflow of approximately $668,000
This means that among the aforementioned five main types of spot products, only XRP maintains a net inflow of funds.
30-day cumulative inflow continues to grow
In a longer-term perspective, the XRP spot products as a whole continue to expand. The report mentions that the net assets of 5 spot XRP ETF in the US market are approximately $1.51 billion, with a cumulative net inflow of about $1.69 billion.
In the past 30 days, XRP products have attracted a total of approximately $173 million in capital inflows, indicating that they continue to receive allocation recently.
The price remains above the previous breakout range.
In the spot market, after a significant upward movement in August, XRP is currently trading around $1.39 to $1.40, which is still above the long-term average of around $1.35. Although the pace of increase has slowed down, the buying pressure has not yet brought the price back to the range before the breakout.
Other assets are generally in a stage of consolidation at higher levels. Bitcoin has fluctuated around $79,000 after a rapid rebound; HYPE is near $86; SOL reached a high of $110 and is currently maintaining around $104.
However, the daily capital flow alone is not sufficient to indicate that institutional funds have clearly shifted towards XRP. In terms of cumulative scale, the total net inflow into Bitcoin ETF is still much higher than that of other assets, at approximately 55.59 billion US dollars. If XRP continues to maintain a net inflow in the future, while products such as BTC, SOL, and HYPE continue to face pressure, then its relative strength will become more apparent.
