XRP-linked investment products attracted $42 million in net inflows over the past week while U.S. spot Bitcoin and Ether ETFs experienced sustained outflows, according to data from CoinGlass. The rotation coincided with a surge in newly created XRP wallets, signaling potential capital reallocation across digital asset classes. Bitcoin ETF outflows totaled $100.9 million in the latest daily session alone, following consecutive days of $648.6 million, $331.1 million, and $290.4 million in redemptions.
XRP Inflows Accelerate Amid Bitcoin Weakness
XRP-linked ETF products have captured institutional and retail attention in recent days. On May 14, these vehicles recorded $18.52 million in inflows, followed by $10.87 million on May 15. The latest daily session added $8.88 million, bringing the seven-day total to $42 million. At the time of publication on May 22, 2026, XRP traded at $1.37. The sustained inflow pattern contrasts sharply with the broader market, where Bitcoin ETFs shed $100.9 million in a single session as the largest cryptocurrency hovered near $77,400.
On-Chain Signals Suggest Speculative Interest
Blockchain analytics firm Santiment reported 4,300 new XRP wallets created within a 24-hour period, marking the fourth-largest daily spike in wallet creation for 2026. This metric often serves as an early indicator of retail participation and network adoption. However, the sustainability of this activity remains unclear. On-chain data shows XRP’s broader network growth has weakened compared to late 2025 levels, despite recent wallet creation spikes. The gap between wallet proliferation and overall network health suggests the inflows may reflect short-term speculative positioning rather than fundamental network expansion.
Capital Rotation or Temporary Pivot
The simultaneous strength in XRP products and weakness in Bitcoin and Ether ETFs points to potential fund rotation within the digital asset space. Bitcoin ETF outflows across multiple consecutive sessions exceed $1.26 billion, indicating sustained investor redemptions from the largest cryptocurrency. Ether ETF outflows of $32.6 million in the latest session add to this pressure. Whether capital departing Bitcoin and Ether is flowing directly into XRP products or redistributing across other asset classes remains unconfirmed. The lack of official commentary from fund managers or XRP project representatives leaves the underlying driver of this movement undetermined.
Key Metrics to Watch
The coming weeks will clarify whether XRP’s inflow momentum persists or reverses. Continued wallet creation at elevated rates would suggest sustained interest. Conversely, if inflows reverse while Bitcoin and Ether ETF redemptions stabilize, the movement may prove cyclical. The gap between XRP’s wallet creation surge and its weaker overall network growth relative to late 2025 presents a critical data point for distinguishing between speculative activity and meaningful adoption shifts. Tracking these metrics will be essential for understanding whether this represents a structural rotation or a temporary reallocation.
