The persisting market volatility has continued to heavily impact the performance of crypto ETFs, except for $XRP, which has managed to retain steady but subtle demand despite the market bloodbath.
Over the past months, institutions have remained resilient on $XRP even as its price continued to decline, causing $XRP ETFs to record steady inflows on nearly all daily trading sessions.
Data from SosoValue has also shown Bitwise consistently leading the funds on most positively performing trading days.
Bitwise $XRP ETF surpasses $500 million milestone
Bitwise has maintained dominance across the $XRP ETF market, leading the rest of the funds with the largest inflow recorded during their latest trading session on June 29.
While $XRP remains the only ETF product that has been able to retain institutional demand amid the prolonged market volatility, it appears that the positive momentum has been largely fueled by Bitwise clients.
Out of the massive $15.34 million in fresh capital that flowed into the $XRP ETFs on Monday, data shows that Bitwise single-handedly attracted $11.94 million in inflows for the same day.
This suggests that the demand for the $XRP ETFs was largely fueled by Bitwise, bringing its cumulative net flow to a massive $505.17 million since it launched in November 2025.
$XRP dominates Bitcoin and Ethereum in ETF performance
The past three months have seen $XRP consistently outperform Bitcoin, Ethereum, and even the broader crypto ETFs in their daily performances.
This is because only $XRP has been able to maintain a decent record of steady ETF inflows while others have continued to bleed heavily, suggesting growing institutional interest in $XRP over larger crypto assets by market capitalization.
Although the persisting demand for $XRP ETFs has yet to positively influence the price of $XRP, analysts are hopeful for a potential shift where this sustained demand would eventually fuel a price recovery for $XRP.
