XRP-based investment products continue to attract substantial institutional capital in the cryptocurrency market, showing no signs of slowing down. Based on the newest reports, the XRP ETF products have accumulated $67 million in assets under management (AUM). This marks a significant shift in how institutional investors engage with digital assets.

Key-Takeaways:

• XRP investment products now exceed $1 billion in total assets under management (AUM), with ETFs accounting for $67 million, and XRP ETF products now have $67 million AUM.
• In the past week, XRP received $10.5 million and $256 million year-to-date, outperforming many top altcoins.
• Bitcoin and Ethereum are the biggest market leaders, seeing better inflows of $1.8b and $149m, respectively.
• ETF providers are fiercely competing, with BlackRock’s funds drawing $2.569 billion in inflows, while competitors experienced significant outflows.

Impressive Investment Flows Continue

Cryptocurrency investment products have received large inflows for the third week in a row. Over the past three weeks, approximately $5.5 billion has flowed into the market. This investment rally has made the XRP ETF a standout performer among the altcoins.

In fact, the XRP ETF had $10.5 million worth of new investment during the previous week alone. This is a remarkable weekly performance in what has been a $256 million year to date. XRP-based products now outperform several major cryptocurrencies when it comes to weekly inflows, such as Solana, Litecoin, Cardano, and SUI.

The sum of XRP ETF products under management currently stands at $1.067 billion. XRP’s potential for the long term is gaining more institutional interest, and this is seen by regulators who are discussing how to approach it.

Market Leaders Maintain Dominance

However, XRP ETF has undergone impressive growth, whereas Bitcoin and Ethereum still control the market. According to data, added to that is Bitcoin’s total assets under management stand at a whopping $136,462 billion.

Last week, Ethereum added $149 million in new investments. In the last 2 weeks, Ethereum products from institutional investors accumulated $336 million. Ethereum’s total assets under management now total $9.581 billion.

However, other cryptocurrencies have different institutional investment performance. In the past week, Solana has absorbed $6 million, up from an annual total of $1.379 billion. XRP’s weekly performance was stronger than this total, however, and its year-to-date figure is surpassed.

Last week $1.2M was brought in for Cardano’s ADA token. It comes third in weekly inflows after SOL and XRP among the altcoins mentioned. Throughout the same period, SUI, LTC, and PYTH each garnered $0.3 million in investment.

ETF Providers Battle for Market Share

Institutional interest is driving increased competition among XRP ETF providers. Last week BlackRock’s iShares dominated with $2.569 billion in crypto investments. The figure today stands at $61.972 billion in cryptocurrencies across BlackRock’s investment products.

On the other hand, several of the larger established providers suffered significant capital outflows. The amount moved out of Grayscale: $31 million; out of Fidelity: $201 million. Bitwise, as well as Ark 21 Shares, also had withdrawals in the amounts of $36 million and $458 million, respectively.

Changes in the distribution of funds among providers are due to the changing investor preferences. The growing segment is witnessing new entrants and established players moving around to capture the market share.

According to the broader trends, there is increasing institutional confidence in cryptocurrencies. Over the last month, reports reveal that around $19 billion flowed into the cryptocurrency market. This huge capital inflow reflects the growing ease with which traditional financial institutions receive digital assets.

Conclusion: XRP ETF Surpasses Ripple With $67M AUM

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