XRP Beats Bitcoin and Ethereum in Another ETF Week

Following institutional participation seen over the past weeks, it appears that XRP has continued to attract fresh capital while Bitcoin and Ethereum bleed out.

XRP becomes strongest performing crypto ETF

Since April 30, XRP ETFs have continued to see steady influx of new capital every day of the week, except for just a few days when the funds saw neutral activity with neither withdrawal nor inflow.

As such, XRP ETFs have not recorded any net outflow in nearly one month, signaling increased confidence in XRPs long-term outlook, especially among institutions.

Bitcoin and Ethereum on the other hand are witnessing steady ETF withdrawals, as both cryptocurrencies have continued to record consecutive withdrawals each day of the week since May 15.

Ethereums downtrend is more prolonged as its steady streak of ETF withdrawals began on May 11; the funds have not achieved any inflow since then.

With XRP maintaining a long streak of positive inflows amid notable outflows from the two largest cryptocurrencies by market capitalization, XRP has proven itself as the strongest-performing crypto ETF in recent weeks.