Large-scale investment of $256 million propels XRP ahead of Solana (SOL), Litecoin (LTC), Cardano (ADA), and Sui (SUI) in the crypto market.
Cryptocurrency Surges Ahead: Bitcoin, Ethereum Shine, XRP Holds Steady
Hey there! Let's chat about the latest happenings in the cryptocurrency world.
The recent report by CoinShares suggests that cryptocurrency-based investment products have been attracting significant inflows for three weeks straight, amassing approximately $5.5 billion in total.
Bitcoin and Ethereum continue to lead the pack, with Bitcoin garnering a whopping $1.8 billion in inflows and Ethereum following closely with $149 million. Interestingly, products associated with Ripple-affiliated XRP have outperformed other top 10 altcoins in terms of inflows – both last week and since the beginning of the year. Last week, XRP attracted $10.5 million, and a massive $256 million since the start of 2025.
Other altcoins saw smaller inflows – Solana absorbed $6 million, while Cardano's ADA brought in $1.2 million. Surprisingly, XRP's total value under management in various XRP products, currently at $1.067 billion, surpasses that of Solana, even though Solana's year-to-date inflows are higher.
Breaking News: Binance's CZ Proposes Innovative BNB and BTC Use Case
In other exciting news, Binance's CEO, Changpeng Zhao (CZ), has proposed a new use case for Binance Coin (BNB) and Bitcoin (BTC). Stay tuned for more updates on this developing story!
Crypto ETFs Record Major Inflows and Outflows
Switching gears, let's talk about ETFs. Last week, CoinShares reported that BlackRock's iShares attracted a notable $2.569 billion in crypto. However, other notable players like Grayscale, Fidelity, Ark, 21Shares, ProShares ETFs, and Coinshares XBT Provider AB suffered significant outflows, dropping $31 million, $201 million, $458 million, $36 million, $25 million, and $1 million respectively.
On the positive side, 21Shares AG welcomed $22 million, indicating institutional interest in some ETFs. All in all, the cryptocurrency market has witnessed a substantial $19 billion influx in the past month, showcasing growing confidence in the sector.
Key Takeaways
- CoinShares' report reveals Bitcoin, Ethereum, and XRP are leading the charge in terms of inflows to cryptocurrency investment products.
- Bitcoin's inflow stands at $1.8 billion, Ethereum attracted $149 million, and XRP drew $10.5 million last week.
- Over the past two weeks, Ethereum has seen inflows of $336 million, followed by XRP with $256 million year-to-date.
- The cryptocurrency market has experienced a massive $19 billion influx in the past month, indicating growing confidence from whales and financial institutions.
- The surging cryptocurrency market has seen significant investments in Bitcoin (BTC) and Ethereum (ETH), with BTC amassing $1.8 billion and ETH $149 million in inflows, according to the latest report by CoinShares.
- Binance's CEO, Changpeng Zhao (CZ), has proposed a new use case for Binance Coin (BNB) and Bitcoin (BTC), which promises to be an exciting development in the cryptocurrency world.
- ETFs have also seen notable activity, with BlackRock's iShares attracting $2.569 billion last week, while other players like Grayscale, Fidelity, Ark, 21Shares, ProShares ETFs, and Coinshares XBT Provider AB experienced outflows totaling $605 million.
- Despite the outflows from some ETFs, the cryptocurrency market as a whole has witnessed a substantial $19 billion influx over the past month, demonstrating growing confidence from both whales and financial institutions in the technology and investment potential of cryptocurrencies.
