On September 8th, the capital flows in the crypto sector continued to diverge. XRP related products recorded a small net inflow, becoming one of the few mainstream crypto assets that received new funds on that day; Bitcoin, Ethereum, and Solana related ETF all experienced net outflows.
Divergence in daily capital flows observed
Data shows that XRP ETF had a net inflow of 1.55 million US dollars on that day. In contrast, Bitcoin ETF had a total net outflow of approximately 46.65 million US dollars, Ethereum ETF had a net outflow of 24.29 million US dollars, and Solana ETF had a net outflow of 667,700 US dollars.
In terms of absolute scale, the inflow amount of XRP is not high, but against the backdrop of general pressure on major encrypted ETF products, it still demonstrates a relatively stronger capacity to absorb funds.
- XRP ETF: Net inflow of $1.55 million
- Bitcoin ETF: Net outflow of approximately $46.65 million
- Ethereum ETF: Net outflow of $24.29 million
XRP became one of the few assets to receive incremental funds on that day.
As mentioned in the original text, after XRP ETF did not see any new participants for a day prior, demand subsequently recovered. Looking at the data for September 8th, XRP was the only major asset in the text that recorded a net inflow on that day.
This means that in the regulated ETF products, some funds tend to use XRP to gain exposure to the crypto market on the same day, rather than continuing to increase their holdings of Bitcoin, Ethereum, or Solana.
Spot prices have rebounded simultaneously.
In addition to the capital flow data, the spot price of XRP has also rebounded. According to the original text, XRP has risen by about 3% in the past 24 hours and has once again surpassed $1.43.
The article links the ETF capital inflow with the strengthening of prices, suggesting that this reflects an improvement in the short-term demand for XRP in the market. However, based on the data currently available, the scale of capital inflow into XRP is still significantly smaller than the daily capital fluctuation range of Bitcoin ETF, and the overall market sentiment remains cautious.
