XRP Spot ETFs Stall as Bitcoin Spot Funds Show Signs of Stabilizing
Spot crypto ETFs remain a key pillar of the sector's growth, but the latest flow data shows a widening split across products.
SoSoValue figures suggest spot XRP ETFs have struggled to draw demand, with several sessions registering no reportable activity. For the first time since launch, the products logged more zero-flow days than days with net movement. Monday, Thursday and Friday ended at $0.00, while Tuesday and Wednesday recorded only modest net inflows of $1.40 million and $1.26 million, respectively.
Even with a second straight positive week, the totals remain small. March is still negative, with nearly $29 million in net outflows—the first monthly net outflow since the products debuted in November 2025. That marks a sharp contrast with the initial surge in interest: Canary Capital's XRPC set a record for highest debut-day trading volume in 2025, and together with four follow-on funds and XRPC, the group pulled in more than $1 billion of net inflows within a month.
Bitcoin spot ETFs have shown comparatively stronger resilience. After the Oct. 10 market shock, they suffered a steep outflow run that at one point totaled about $9 billion. Flows improved in late February and early March, with more than $2 billion recovered during that window. Although the latest week ended net negative for the first time in a month, Bloomberg's James Seyffart said BTC ETFs have nearly wiped out their 2026 losses, reversing almost $3 billion of the roughly $9 billion in outflows recorded from Oct. 10 through the end of February.
Ethereum spot ETFs show a different pattern. They have posted eight consecutive days of net inflows, yet still finished last week down by more than $200 million overall. Over the past 11 weeks, ETH ETFs have been positive in only three.
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