Ripple based exchange traded funds continued to outperform the broader crypto ETF market during the latest trading week, extending their impressive streak of positive weekly inflows even as investor sentiment showed some signs of cooling.
While Bitcoin and Ethereum ETFs have struggled with persistent outflows, XRP investment products have remained a standout performer. However, the latest data suggests that the uninterrupted momentum may be starting to face its first meaningful test in months.
XRP ETFs Extend Winning Streak
Following a strong finish to the previous trading week, when spot XRP ETFs attracted $15.63 million in net inflows on Friday, investor demand remained healthy at the start of the new week.
According to data from SoSo Value, the funds recorded another $15.34 million in net inflows on Monday.
Momentum briefly weakened over the next two sessions. Investors withdrew $2.83 million on Tuesday and another $1.86 million on Wednesday, marking one of the rare occasions in recent months that XRP ETFs experienced consecutive days of net outflows.
The last red trading day occurred on June 3, while the previous instance of back to back daily outflows dates back to early March.
The weakness proved short lived. On Thursday, the final trading session before the July 4 holiday, investors returned with $6.55 million in fresh inflows.
As a result, XRP ETFs finished the week with total net inflows of $17.19 million, extending their streak of positive weekly performance. The last week to close with net outflows was recorded in late April and early May.
The sustained demand for XRP investment products has coincided with a strong recovery in the token’s price, which has climbed more than 8 percent over the past week to trade near $0.15.
HYPE ETFs Continue to Attract Capital
HYPE exchange traded funds also ended the week in positive territory, although investor demand slowed significantly compared with the previous reporting period.
During the final full trading week of June, HYPE ETFs attracted a record breaking $111.36 million in net inflows.
The latest four day trading week produced a more modest gain, with investors adding $4.32 million to the funds.
Despite experiencing $3.01 million in net outflows on Tuesday, cumulative net inflows have continued to rise and now stand at nearly $300 million, marking a new all time high for the products.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
