XRP News Today: Investors Flee Bitcoin, Ethereum for XRP ETFs as Altcoin Optimism Grows

XRP ETFs Outperform Bitcoin, Ethereum Amid Record Outflows, Attract $118M Inflow

The cryptocurrency market's recent turbulence has seen Bitcoin and Ethereum ETFs hemorrhage over $1.6 billion in a single session, while XRP and Solana funds defied the downward trend with robust inflows. The divergence highlights shifting institutional sentiment as investors rotate into altcoin products perceived to have stronger growth potential amid a broader crypto slump.

Bitcoin and Ethereum ETFs, which had driven much of the market's momentum earlier in 2025, recorded their worst performance in months. Spot Bitcoin ETFs lost $903 million in net outflows on Nov. 20-the second-largest exodus in their history-while Ethereum ETFs shed $261 million, extending a negative streak beyond a week. BlackRock's IBIT, the flagship BTC ETF, saw $2.1 billion in withdrawals in November alone, marking its worst monthly performance since launch. Meanwhile, XRP ETFs attracted $118 million in inflows, with Canary Capital's XRPC fund alone securing $243 million in net assets under management after its Nov. 13 debut.

The XRP ETF's success underscores its appeal as a diversified crypto play. Trading under the ticker XRPC, the fund outperformed even the previously record-breaking Bitwise Solana ETF, which logged $57 million in day-one volume. Bloomberg analyst Eric Balchunas initially projected $17 million in inflows for XRPC but noted the fund surpassed that within hours. Solana ETFs also saw resilience, with $23 million in cumulative inflows over 19 consecutive days, though they lagged behind XRP's performance.

The outflows for BTC and ETH ETFs coincided with price declines. Bitcoin fell below $100,000 for the first time in six months, trading at $98,082 as of Nov. 20, while Ethereum dipped under $3,360. These drops have strained crypto-treasury companies, with firms like Strategy-holding 649,870 BTC at an average cost of $74,433-now facing existential risks as prices flirt with cost bases. Analysts warn that further declines could force asset sales, exacerbating market pressure.

XRP's rally has also drawn attention to its institutional adoption. Nine XRP ETFs are set to launch within 10 days, with Franklin Templeton, Grayscale, and Bitwise entering the fray. Grayscale, which converted its XRP Trust into a public ETF (GXRP), aims to capitalize on growing demand, while 21Shares and CoinShares expand international liquidity. The wave of products has pushed XRP's market cap to $130.7 billion, despite a 15% weekly price drop.

Market analysts remain cautiously optimistic. Bitget's Ryan Lee predicts XRP could rise to $2.75, driven by ETF momentum and cross-border payment demand, while Solana's steady inflows-$12.04 million in net flows-suggest lingering institutional interest. However, Bitcoin's failure to hold above $100,000 and Ethereum's breakdown below key support levels raise concerns about the broader market's stability.

The ETF landscape is rapidly evolving. With regulatory clarity from the SEC enabling faster product approvals, altcoin funds are gaining traction. As of Nov. 20, six Solana ETFs and nine XRP ETFs are either active or pending, reflecting a broader shift in capital allocation. Whether this trend sustains depends on macroeconomic factors and the ability of altcoins to deliver returns amid a volatile market.