XRP Flips Bitcoin and Ethereum in Weekly Inflows Despite the Prevailing Bearish Market Trends

Despite the prevailing bearish market trends, XRP continues to outpace Bitcoin in weekly inflows. While digital asset investment products saw significant outflows in the fourth consecutive week, XRP marks remarkable gains.

Despite the prevailing bearish market trends, XRP continues to outpace Bitcoin in weekly inflows. While digital asset investment products saw significant outflows for the fourth consecutive week, XRP manages to secure inflows.

The latest data from digital asset management firm CoinShares shows that digital asset investment products saw outflows for the fourth consecutive week, with institutions pulling out of the market.

Over the past week, these products recorded outflows of $876 million, taking the total net outflow to $4.75 billion.

Significantly, Bitcoin was the biggest loser in terms of weekly outflows. Bitcoin experienced outflows of $756 million last week. Meanwhile, short-Bitcoin investments also saw outflows of $19.8 million, indicating that investors may be nearing a state of capitulation.

On the other hand, Solana was the best performer among the top 10 coins, reporting inflows of $16.4 million.

Breaking Down Weekly Crypto Flows

Here's a breakdown of the weekly digital asset flows:

Solana (CRYPTO: SOL) saw inflows of $16.4 million, likely driven by the recent buzz around President Donald Trump's crypto reserve proposal that includes Solana, Bitcoin (CRYPTO: BTC), and others.

XRP saw inflows of $5.6 million, showcasing its resilience and investor interest despite the broader market downturn.

Sui reported inflows of over $2 million.

Bitcoin experienced outflows of $756 million, highlighting the bearish sentiment towards the flagship cryptocurrency.

Short-Bitcoin investments saw outflows of $19.8 million.

Ethereum reported outflows of $89.2 million.

Cardano saw outflows of $1.9 million.

Optimism had outflows of $4.2 million.

Optimism saw outflows of $4.2 million.

What's Next For XRP?

The latest legal filings in the SEC case against Ripple suggest that a settlement could be reached soon. A judge presiding over the case advised the parties to try and settle the case quickly.

Moreover, the SEC has also acknowledged multiple asset managers' applications for an XRP ETF. These developments could pave the way for the launch of the first-ever crypto ETF in the U.S.

The threat of an impending U.S. default could also encourage Congress to intervene and pass legislation, potentially impacting the crypto market.

The latest data from digital asset management firm CoinShares shows that digital asset investment products saw outflows for the fourth consecutive week, with institutions pulling out of the market.