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Most crypto funds have been losing investors lately. XRP hasn’t gotten that memo. While Bitcoin and Ethereum exchange-traded funds have faced weeks of steady outflows, XRP-linked products have quietly been doing something different — attracting fresh money even on the market’s worst days.
XRP Takes Half Of All New Altcoin ETF Money
According to Canary Capital CEO Steven McClurg, XRP is capturing roughly 50% of all new capital flowing into altcoin ETFs. That’s a commanding share of a market that includes several competing assets.
Solana comes in second, drawing around 30% of fresh inflows, while Hedera accounts for the remaining 20%. McClurg made the comments publicly, pointing to XRP’s staying power at a time when investor confidence across the broader crypto market has been shaky at best.
The numbers behind that claim are hard to dismiss. Reports show that so far this month, XRP ETFs have recorded negative flow days on just three occasions. Bitcoin ETFs, by comparison, have posted outflows on nine separate trading sessions during the same period. That gap tells a story about where some investors are choosing to put — or keep — their money right now.
🚨 BREAKING: Canary Capital CEO just dropped something the market isn’t ready for.$XRP quietly absorbing capital while BTC & ETH see outflows.
Even on red days. Even when Bitcoin ETFs bled. 😎 https://t.co/MrCwbmUnPC pic.twitter.com/xEAMaMm80e
— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) February 25, 2026
Last week offered perhaps the clearest snapshot of this divide. Bitcoin and Ethereum investment products together shed $250 million in outflows. XRP, meanwhile, pulled in $3.5 million. Modest in size, but striking given the conditions surrounding it.
Steady Inflows Since Launch
Reports say XRP ETFs got off to a strong start when the first spot product was listed on Nasdaq in mid-November last year. From that point through January 7, 2026, inflows came in consistently without a single day of net outflows — an unbroken streak that lasted nearly two months.
That first outflow day in January was an exception to an otherwise clean run. Since then, XRP funds have largely held their footing while competing products struggled.
The cumulative result of that run: $1.24 billion in total net inflows, with assets under management now sitting at a little over $1 billion. Among the individual products, the Canary XRP ETF leads with $280 million in net assets.
Bitwise’s XRP ETF trails narrowly at $278 million — a gap thin enough that the rankings could easily shift with a few strong trading days.
Bitcoin and Ethereum ETFs have faced sustained selling pressure for months. New buyers have been hard to come by. XRP funds stepping into that environment and continuing to attract capital — rather than lose it — is a departure from what most of the market has been experiencing.
A Shift In Where Investors Are Looking
Reports from Canary Capital suggest the pattern reflects something more than short-term trading behavior. Investors appear to be reallocating toward assets they see as having specific utility, with XRP’s established role in cross-border payments drawing attention from both institutional and retail buyers.
Featured image from Vecteezy, chart from TradingView
