XRP Defies Market Trend With $25M Inflow Amid Crypto Outflows

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XRP attracted $25 million in fresh capital during a week when digital asset funds saw a total net outflow of $1.435 billion.

Bitcoin recorded $1.03 billion in weekly outflows, while Ethereum lost $441 million, both underperforming against XRP.

Despite reduced inflows, XRP's year-to-date allocation remains strong at $1.26 billion, signaling investor retention.

XRP investment products recorded $25 million in fresh inflows this past week, despite an 80 percent decline compared to the previous week’s $125.9 million. The data, released by CoinShares, highlights a stark contrast between XRP’s performance and the broader digital asset market, which suffered $1.435 billion in net outflows over the same period.

Bitcoin led the downturn, witnessing $1.03 billion in outflows for the week. This pushed its August total into negative territory, standing at $1.05 billion. Ethereum followed with $441 million leaving its funds, although its monthly total remained positive due to earlier gains. Other altcoins such as Solana, Cardano, and Chainlink saw minimal inflows, while most others reported stagnant or negative activity.

XRP Emerges as a Rare Bright Spot in August Investment Data

Despite the reduced pace in new investments, XRP maintained a positive monthly trend with $173 million in total August inflows. Its year-to-date allocations remained steady at $1.26 billion. Assets under management also showed little fluctuation, holding around $2.76 billion, suggesting that existing investors have not exited their positions.

XRP's ability to attract capital while the broader market faced withdrawals indicates a level of investor confidence not seen in most other digital assets. The capital inflow into XRP during a week of widespread sell-offs stands out as a key signal of its resilience, particularly among institutional players looking for stability ahead of September.

The post XRP Defies Market Trend With $25M Inflow Amid Crypto Outflows appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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