XRP News Today: Ethereum Leads Institutional Crypto Inflows With $321 Million Gain

Ethereum (ETH) has emerged as the standout performer among institutional crypto investment products, attracting a substantial $321 million in inflows over the past week. This surge in investment has outpaced both Bitcoin (BTC) and XRP, which experienced outflows totaling over $36 million combined. The influx into Ethereum brings the total for the past six weeks to $1.19 billion, reflecting a strong institutional interest in altcoins. The assets under management for Ethereum have now surpassed $14 billion, underscoring the growing confidence in the cryptocurrency's potential.

Bitcoin, despite starting the week on a positive note due to institutional accumulation, saw a reversal following a New York court decision on recent White House tariffs. The largest cryptocurrency by market cap recorded $8 million in outflows, although its price remains within the $106k zone, albeit down from its all-time high of $111k. The optimism surrounding Bitcoin is bolstered by the continued acquisition of the asset by publicly-listed firms. For instance, Michael Saylor’s Strategy purchased 705 BTC on Monday, increasing its holdings to 580,955 BTC. This acquisition, though smaller than previous ones, has contributed to broader market interest. Similarly, Japanese Metaplanet also increased its holdings during the same period.

The recent global institutional investment has maintained a bullish sentiment in the digital asset market. According to the latest CoinShares Fund Flows report, the market saw a $286 million inflow, marking the seventh consecutive weekly gain. This trend highlights the sustained interest from institutional investors, who continue to drive the market's growth.

Ethereum's performance has been particularly noteworthy, with spot Ethereum ETFs in the United States also recording gains. The general spike in decentralized finance (DeFi) activities last month was a significant driver for Ethereum's price. This string of bullish inflows represents the highest Ether run since December 2024, indicating a strong resurgence in altcoin interest.

In contrast, XRP has experienced a loss of institutional momentum, shedding $28 million in the past week. This extends its monthly losses, although year-to-date figures remain positive. XRP's gains earlier this year were driven by expectations of a spot ETF approval, but the delayed decisions by the Securities and Exchange Commission (SEC) have led to a loss of momentum. Despite this, the odds for an approval this year remain favorable.

The geographical distribution of fund flows has shown a slight shift, with the United States remaining the dominant region due to institutional demand. However, there has been a notable increase in inflows from other regions, including Germany and Australia, which saw inflows of $42.9 million and $21.5 million, respectively. This diversification in investment sources underscores the growing global interest in cryptocurrencies.