XRP ETFs Keep Drawing Wall Street Money as Bitcoin, Ethereum Bleed

Beincrypto

XRP ETFs Keep Drawing Wall Street Money as Bitcoin, Ethereum Bleed

US-listed XRP ETFs saw $1.55 million in inflows on September 8, the largest among 12 spot crypto fund groups. Only Hedera (HBAR) products joined them, with $431,180.Four groups lost money, and six recorded no flow at all. Bitcoin , Ethereum , and Solana had not all fallen on the same day since July 9.Bitcoin, Ethereum, and Solana Bled Together for the First Time Since JulyBTC funds lost $46.65 million, the heaviest loss in the group. Ethereum products followed with $24.29 million. Solana products shed a slimmer $667,719.Those three had not fallen together in the previous 41 sessions. Hyperliquid (HYPE), erasing the $10.52 million they collected on September 4.Those four accounted for every dollar that left, $84.56 million in total, according to SoSoValue records. to get the latest news as it happensFor XRP, Franklin’s XRPZ fund absorbed the entire $1.55 million inflow. 21Shares, and Grayscale products all printed zeros.The Avalanche , BNB , Dogecoin , Polkadot , Chainlink , and Litecoin funds all printed zeros. Momentum had already drained from the altcoin groups the previous week.Monthly figures read softer than the daily numbers. Bitcoin funds still hold a $723.5 million gain for September, while Ethereum products sit on $106.43 million.XRP funds have added $14.86 million this month, ahead of Solana at $4.58 million. Dogecoin and Hyperliquid are the only groups underwater for September.The two groups that drew money also led the field on price. Hedera has gained 7.4% over seven days, XRP 7%, and Bitcoin 2.2%.XRP changed hands near $1.44 on Tuesday, up 4.06% over 24 hours. Hyperliquid rose 3.3% to $86.77, while Solana added 2.03%.Subscribe to our YouTube channel to watch leaders and journalists provide expert insights