XRP Attracts Capital Despite Market Weakness

XRP-based exchange-traded funds (ETFs) are drawing fresh capital even as investment products tied to Bitcoin and Ethereum record significant outflows. According to Steven McClurg, CEO of Canary Capital, this trend signals a shift in investor preferences within the cryptocurrency market.

McClurg notes that XRP currently captures around 50 percent of all new capital flowing into altcoin ETFs. By comparison, Solana accounts for roughly 30 percent, while Hedera represents about 20 percent. Meanwhile, Bitcoin- and Ethereum-focused funds continue to face sustained selling pressure.

Between mid-November and January 7, 2026, XRP ETFs recorded uninterrupted inflows. The first outflow occurred only on that date. Over the same period, Bitcoin and Ethereum products experienced consistent declines, with only brief intervals of recovery.

Data from SoSoValue shows that XRP posted just three days of negative flows this month. In contrast, Bitcoin ETFs saw outflows during nine trading sessions. In one recent week alone, investment funds linked to Bitcoin and Ethereum lost a combined $250 million, while XRP attracted $3.5 million in fresh capital.

Total net inflows into XRP ETFs have reached $1.24 billion, with assets under management standing at $1.06 billion. The largest product in this segment is the Canary XRP ETF (XRPC), holding $280.38 million in net assets. Close behind is the XRP ETF managed by Bitwise, with $278.22 million in assets.

According to McClurg, the steady inflows into XRP funds suggest that investors are actively seeking alternatives to Bitcoin and Ethereum, particularly during periods of heightened market volatility.