U.S. spot XRP (XRP) ETFs drew about $8 million Thursday while Bitcoin (BTC) funds lost $244 million, extending their two-day withdrawals to roughly $729 million.
Key Points:
XRP ETF Flows
U.S. spot XRP ETFs were the only crypto ETF group to finish Thursday with net inflows. All of the money went into Franklin Templeton's XRPZ, which added about 6 million XRP, while the other four XRP funds recorded no flows.
Bitcoin ETFs lost about $244 million after investors withdrew $485 million Wednesday. Ethereum funds shed roughly $73 million, Solana funds lost about $3 million, and the only U.S. spot Zcash ETF posted a roughly $19 million outflow.
The withdrawals came during a broad crypto selloff that triggered about $1.19 billion in leveraged liquidations and briefly pushed Bitcoin to around $80,400. Bitcoin later recovered toward $82,000.
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Bitcoin Fund Pressure
XRP funds have attracted about $1.81 billion in net inflows since launch, compared with roughly $1.59 billion for Solana ETFs, according to CoinDesk. The gap is notable because Thursday's XRP inflow arrived while every other major crypto ETF category in the report lost money.
ETF flows measure demand for regulated investment products, but they do not identify every buyer or show whether positions are hedged. Earlier regulatory filings cited by CoinDesk showed Goldman Sachs, Jane Street and Millennium Management among large professional holders of XRP funds.
The latest inflow also extends a longer pattern. On Sept. 2, CoinDesk reported that XRP ETFs had taken in about $170 million over 11 consecutive positive sessions, lifting cumulative inflows to $1.68 billion before the total later reached about $1.81 billion.
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