XRP ETFs add $35 million as bitcoin and ether funds lost $2 billion in late May
XRP ETFs took in $35 million from May 20 to May 29 while bitcoin and ether funds lost about $2 billion combined.
Intelligence analysis by GPT-5.4 Mini
U.S.-listed spot XRP ETFs kept attracting money even as bitcoin and ether funds saw heavy redemptions in late May. The flows come alongside lingering attention on a reported Ripple-linked XRP treasury plan that still lacks confirmation.
XRP got a lot of small deposits into its exchange-traded funds, even while the bigger bitcoin and ether funds lost money. It is like one stand in a market getting busier while two bigger stands get fewer customers.
The article says XRP funds added about $35 million over several days. That is not huge compared with bitcoin, but it shows some buyers still want XRP exposure.
There is also an older report that Ripple might be involved in a big XRP buying plan. That idea is still not confirmed, so the story is mainly about how XRP is drawing attention in two places at once: funds that people buy on stock markets, and a possible company-style stash of tokens.
Analysis
Flows diverge
U.S.-listed spot XRP ETFs took in $11.88 million on May 29, extending a run of positive inflows. Over the period from May 20 through May 29, the category gathered about $35 million, while bitcoin ETFs lost roughly $1.70 billion and ether ETFs shed about $309 million, according to SoSoValue data cited in the article.
Where the money went
Bitwise’s XRP ETF led the day with $7.36 million of inflows. Canary’s XRPC added $2.38 million, and Franklin’s XRPZ added $2.14 million. Total net assets across the U.S. XRP ETF group stood near $1.12 billion, which the article says is about 1.37% of XRP’s market value. Cumulative net inflows reached $1.42 billion.
Why XRP is standing out
The article frames XRP as having a distinct policy and product story at a time when bitcoin and ether funds are facing redemptions. Traders are watching U.S. market-structure legislation, ETF adoption, and whether institutional demand can keep building even as the bigger crypto funds weaken.
The unresolved treasury angle
The piece also revisits an October 2025 Bloomberg report saying Ripple was leading a plan to raise at least $1 billion through a SPAC to accumulate XRP in a digital asset treasury vehicle. CoinDesk says it has reached out to Ripple for confirmation on whether that plan is still active. If it moved ahead, it would be one of the largest XRP treasury efforts reported so far.
Key points
- U.S.-listed spot XRP ETFs took in $11.88 million on May 29.
- XRP funds added about $35 million from May 20 to May 29.
- Bitcoin ETFs saw about $1.70 billion in outflows in that span, and ether ETFs lost about $309 million.
- Total net assets in U.S. XRP ETFs were near $1.12 billion.
- A reported Ripple-linked XRP treasury plan remains unconfirmed.
