#XRP dominates institutional inflows
XRP gaining upper hand over first cryptocurrency in institutional inflows.
Surpassing Bitcoin. XRP led inflows with $189M.
The market for digital assets is changing due to capital rotation, and XRP is taking center stage. Last week, XRP saw a strong $189 million in inflows, outperforming the cryptocurrency king in terms of institutional investment while Bitcoin saw a rare $175 million in outflows. As Bitcoin fatigue sets in, the rise in products centered on XRP, Ethereum and Solana indicates a growing desire for alternatives.
XRP regains power. July MTD total: $11.2B — new record, topping Dec. 2024’s $7.6B.
This divergence occurred during a week when cryptocurrency funds saw tremendous growth overall. Last week alone, digital asset investment products saw $19 billion in inflows, bringing the month-to-date total for July to a record $11.2 billion. This indicates a dramatic change in institutional sentiment, surpassing even the December 2024 post-election inflow wave of $7.6 billion.