XRP recorded $189 million in institutional inflows last week, surpassing Bitcoin which faced $175 million in outflows during the same period. This inflow marks a significant resurgence for XRP amid growing institutional confidence and expectations surrounding potential ETF approvals.
Ethereum demonstrated formidable momentum with $1.59 billion in inflows – its second-largest weekly total on record. The substantial capital inflow underscores institutional interest in Ethereum as major networks expand their utility across decentralized finance (DeFi) applications.
Geographically, the United States spearheaded inflows with $2.03 billion, while Canada and parts of Asia – notably Hong Kong – registered capital outflows. Industry analysts attribute XRP’s performance to renewed investor trust and anticipation of regulatory developments, whereas Bitcoin’s outflow patterns suggest potential profit-taking activities or cautious positioning given pending ETF clarity.
The contrasting capital movements highlight shifting institutional preferences across major cryptocurrencies alongside regional divergence in investment sentiment.