XRP leads ETF inflows as Bitcoin, Ethereum face $2.7B in outflows

XRP ETFs absorbed $47.4 million in inflows last week while Bitcoin and Ethereum products saw a combined $2.7 billion exit.

XRP spot ETFs drew $47.4 million in net inflows over the past week as Bitcoin and Ethereum products bled a combined $2.7 billion, Farside Investors data shows. The divergence marks the eighth consecutive week of positive flows into XRP funds, even as the token trades near $1.06 — down more than 70% from its July 2025 peak.

The rotation is visible across all seven US-listed XRP ETFs, which have accumulated roughly $1.48 billion in cumulative net inflows since launching in late 2025, per Farside data. Bitwise's XRP fund accounted for $11.94 million of the $15.34 million in single-day inflows on June 29 alone.

Bitcoin ETFs broke a 10-day outflow streak on July 2 with $222 million in net inflows, but the relief was uneven. BlackRock's IBIT recorded $40.4 million in outflows even as Fidelity's FBTC drew $166 million, Farside data shows. The 10-day outflow streak totaled $2.709 billion. Ethereum ETFs followed a similar pattern, posting nine consecutive days of outflows before recording $14.8 million and $29.08 million in inflows on July 1 and 2.

The ETF divergence comes as on-chain data shows XRP whales expanding their footprint. The all-exchange whale versus retail spread climbed to 50.9% on July 2, meaning large holders now account for more than half of exchange activity, CryptoQuant data shows. The XRP Ledger also recorded 4,941 new wallet activations on July 1 — its strongest single-day growth in three months.

Whale Accumulation Meets Retail Caution

Millionaire-tier wallets now control roughly 74.1% of the circulating supply, adding approximately 1.53 billion tokens over six months, Santiment data shows. Active addresses jumped roughly 72% over two weeks heading into July, per CoinDesk, even as XRP's price remained flat — a divergence that typically precedes a volatility expansion.

Retail traders, by contrast, have stayed cautious. XRP's relative strength index sits near 33, and Chaikin Money Flow remains negative. The token trades below every major moving average: the 20-day exponential moving average at $1.11, the 50-day near $1.20, and the 200-day at $1.52.

The CLARITY Act Looms as the Wildcard

Every long-range XRP thesis converges on one legislative milestone: the Digital Asset Market CLARITY Act. The bill cleared the Senate Banking Committee 15-9 on May 14 and landed on the Senate Legislative Calendar on June 1. If passed, it would permanently classify XRP as a digital commodity under CFTC oversight, removing the regulatory ambiguity that still constrains some institutional allocators.

Polymarket bettors now price passage odds near 48%, down from 74% a month ago. The Senate's packed schedule — defense spending, the farm bill, Iran war-powers debate — competes directly for floor time before the August recess. Stifel's chief policy strategist, Brian Gardner, wrote that the bill needs to clear the Senate by the end of July to avoid "materially deteriorating" prospects.

This article is for informational purposes only and does not constitute investment advice.