Blab Crypto
XRP ETFs Outpace Bitcoin ETFs in September 1 Net Flows Amid Market Declines
On September 1, U.S. spot XRP exchange‑traded funds (ETFs) drew in $14.38 million in net inflows, while U.S. spot Bitcoin ETFs recorded a striking $236.5 million in net outflows, according to the latest SoSoValue data.
The bulk of XRP capital came from Franklin Templeton’s XRPZ, which added $6.63 million. Grayscale’s GXRP and Canary Capital’s XRPC followed with $4.72 million and $3.03 million, respectively.
Bitcoin ETF withdrawals were led by BlackRock’s iShares Bitcoin Trust (IBIT), which saw roughly $201.2 million of redemptions, and Fidelity’s FBTC, which contributed $43.7 million.
Since the launch of U.S. spot XRP ETFs in November 2025, cumulative net investments have reached approximately $1.68 billion. Bitcoin ETFs, by contrast, have amassed $54.61 billion in cumulative net inflows.
The September‑1 figures build on a strong week for XRP ETFs that ended on August 28 with $110.49 million in net inflows, indicating that institutional appetite for XRP products has not cooled after the August surge.
Despite the inflows, XRP’s market price has not moved higher. The token traded around $1.32 on September 2, a decline of nearly 10 % from about $1.45 on August 27, suggesting that the capital entering the ETFs has yet to translate into immediate price gains.
Institutional exposure to XRP ETFs extends beyond daily flows. At the end of the second quarter, Goldman Sachs was the largest disclosed holder of XRP ETFs, with roughly $87.4 million in exposure.
The contrast between XRP and Bitcoin ETF flows does not necessarily signal a shift of investors from Bitcoin to XRP. Bitcoin ETFs remain far larger in assets under management and trading activity. Instead, the data highlight XRP’s ability to attract fresh capital even during a broader risk‑off session.
Overall, the September‑1 data show that XRP ETFs continue to draw institutional money while Bitcoin ETFs are experiencing significant withdrawals. Cumulative net inflows for XRP ETFs have surpassed $1.6 billion, whereas Bitcoin ETFs have amassed over $54 billion.
The current situation reflects a divergence in investor sentiment between the two leading cryptocurrencies. XRP ETFs have maintained a steady inflow streak, whereas Bitcoin ETFs have seen a reversal to net outflows on the same day. Market participants will likely monitor whether this trend persists and how it may influence the broader crypto‑asset landscape.
Key developments to watch include the continuation of XRP ETF inflows, any changes in Bitcoin ETF flows, and the impact of these movements on the underlying token prices. As of now, XRP ETFs remain a notable channel for institutional exposure to the XRP ledger, while Bitcoin ETFs continue to dominate the overall crypto‑ETF market.
The bulk of XRP capital came from Franklin Templeton’s XRPZ, which added $6.63 million. Grayscale’s GXRP and Canary Capital’s XRPC followed with $4.72 million and $3.03 million, respectively.
Bitcoin ETF withdrawals were led by BlackRock’s iShares Bitcoin Trust (IBIT), which saw roughly $201.2 million of redemptions, and Fidelity’s FBTC, which contributed $43.7 million.
Since the launch of U.S. spot XRP ETFs in November 2025, cumulative net investments have reached approximately $1.68 billion. Bitcoin ETFs, by contrast, have amassed $54.61 billion in cumulative net inflows.
The September‑1 figures build on a strong week for XRP ETFs that ended on August 28 with $110.49 million in net inflows, indicating that institutional appetite for XRP products has not cooled after the August surge.
Despite the inflows, XRP’s market price has not moved higher. The token traded around $1.32 on September 2, a decline of nearly 10 % from about $1.45 on August 27, suggesting that the capital entering the ETFs has yet to translate into immediate price gains.
Institutional exposure to XRP ETFs extends beyond daily flows. At the end of the second quarter, Goldman Sachs was the largest disclosed holder of XRP ETFs, with roughly $87.4 million in exposure.
The contrast between XRP and Bitcoin ETF flows does not necessarily signal a shift of investors from Bitcoin to XRP. Bitcoin ETFs remain far larger in assets under management and trading activity. Instead, the data highlight XRP’s ability to attract fresh capital even during a broader risk‑off session.
Overall, the September‑1 data show that XRP ETFs continue to draw institutional money while Bitcoin ETFs are experiencing significant withdrawals. Cumulative net inflows for XRP ETFs have surpassed $1.6 billion, whereas Bitcoin ETFs have amassed over $54 billion.
The current situation reflects a divergence in investor sentiment between the two leading cryptocurrencies. XRP ETFs have maintained a steady inflow streak, whereas Bitcoin ETFs have seen a reversal to net outflows on the same day. Market participants will likely monitor whether this trend persists and how it may influence the broader crypto‑asset landscape.
Key developments to watch include the continuation of XRP ETF inflows, any changes in Bitcoin ETF flows, and the impact of these movements on the underlying token prices. As of now, XRP ETFs remain a notable channel for institutional exposure to the XRP ledger, while Bitcoin ETFs continue to dominate the overall crypto‑ETF market.
