XRP ETFs pulled in fresh capital on September 8 while Bitcoin, Ethereum, and Solana funds all saw net outflows. The divergence comes as XRP also reclaims $1.43, with traders eyeing a possible move toward $2.
XRP stood alone among major crypto ETFs on September 8, attracting new money while its larger rivals bled capital. Data from SosoValue shows XRP ETFs recorded $1.55 million in net inflows on the day, even as the broader crypto ETF market cooled off.
XRP sees sustained demand
The inflow followed a day of zero participation in the XRP ETF ecosystem, and it appears investor demand for the fund has now returned. Meanwhile, Bitcoin ETFs collectively posted about $46.65 million in net outflows on the same day.
Ethereum and Solana funds fared similarly. Ethereum ETFs saw $24.29 million in withdrawals, while Solana ETFs lost $667,720 over the same session. XRP was therefore the only major asset among the four to attract fresh capital that day.
Though the inflow into XRP funds was modest, it marks a shift in investor positioning. The pattern suggests investors are showing more interest in gaining exposure to XRP through regulated ETF products rather than through Bitcoin, Ethereum, or Solana vehicles.
XRP reclaims $1.43
XRP's ETF demand lines up with its price action. The token has gained around 3% over the last day, reclaiming $1.43 as it returns to a bullish trajectory.
As a result, traders are increasingly optimistic about a possible $2 breakout for XRP, even as momentum builds against a backdrop of broader market instability.
Source: U.Today
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