XRP (XRP) exchange-traded funds drew $116.74 million in May while the products tracking Bitcoin (BTC) and Ethereum (ETH) bled capital.
Key Points:
- XRP spot ETFs have logged no outflow days in May, pulling in $116.74 million for the month.
- Bitcoin ETFs shed roughly $1 billion over the same stretch, with Ethereum products losing close to $300 million.
- Analysts read the steady accumulation as institutions positioning for regulatory catalysts rather than chasing price.
XRP Funds Hold Net Inflows Through May
XRP-linked funds have yet to record a single outflow day this month, according to SoSoValue data. The figures put cumulative net inflows at $1.41 billion since the products launched last year.
Those funds now hold $1.13 billion in net assets, equal to about 1.36% of XRP's market value.
The buying has continued even as XRP slid with the wider market, touching a low near $1.31 last week. By contrast, Bitcoin ETFs have lost close to $1 billion in May and sit on a six-day losing streak, while Ethereum products have shed almost $300 million across ten straight sessions.
Crowd sentiment around XRP has turned sour again. Analytics firm Santiment pegs the ratio of bullish to bearish commentary at just 1.1 to one, a level it says has historically preceded rebounds.
Also Read: Ethereum Price Slips Below $2,100 As Buying Demand Quietly Cools
Why Institutions Keep Buying XRP
Crypto commentator X Finance Bull argued in a social media post that ETF buyers are not reacting to weekly price moves. He said they are positioning ahead of a set of pending catalysts. Those include the CLARITY Act, the appointment of Kevin Warsh as Fed chair, and a Jul. launch for DTCC tokenization.
The list also covers a $200 million debt facility tied to Ripple Prime and a JPMorgan settlement carried out on the XRP Ledger.
The analyst framed the divergence as a verdict. Money is flowing into XRP funds while Bitcoin and Ethereum products lose ground, he said, and smart money tends to accumulate during downturns. XRP is widely expected to benefit if the CLARITY Act passes, and tokenization activity on its ledger keeps climbing.
XRP's Recent Price Slide
The fund flows arrive against a rough stretch for the token. XRP briefly cleared $1.50 in mid-May after an 11% single-day jump, only to surrender those gains as the broader market cooled.
The asset has spent months locked between roughly $1.28 and $1.45, with a large cluster of sell orders near $1.45 capping every attempt at a breakout. XRP last traded around $1.33, lower over the past 24 hours.
Read Next: Bitcoin Volatility Sinks To An 8-Month Low As Bears Crowd Resistance