XRP Spot ETFs See Net Inflows as BTC and ETH Funds Face Outflows, Price Dips Follow
XRP spot ETFs recorded a $4.83 million net inflow on February 4, 2026, according to SoSoValue. Franklin Templeton’s XRPZ led that day with $2.51 million (cumulative inflows $317 million) and Bitwise’s XRP ETF added $1.72 million (cumulative $345 million). Total assets under management for US spot XRP ETFs exceeded $1.07 billion, with cumulative lifetime inflows of about $1.21 billion. By contrast, Bitcoin ETFs saw $545 million in net outflows and Ethereum ETFs lost $79 million the same day, indicating short-term capital rotation into XRP products. Despite ETF inflows, XRP’s market price fell sharply on February 5 — from roughly $1.49–$1.60 to a low of $1.15 before recovering to $1.27, a roughly 12% day-on-day decline. Commentators attribute the flows to continued institutional interest and intra-market rotation; sustained ETF inflows could improve liquidity and help establish a price floor, while isolated large outflows or broader market weakness may counteract that effect. This summary is informational and not investment advice.
Neutral
The net inflows into XRP spot ETFs point to genuine institutional interest and add structural demand and liquidity, which is typically bullish for XRP over time if sustained. The cumulative AUM and multi-hundred-million cumulative inflows for major ETFs (Franklin, Bitwise) strengthen that view. However, the immediate market reaction — a sharp ~12% price decline on February 5 despite ETF flows — indicates that ETF inflows were insufficient to offset selling pressure or broader market moves that day. Large outflows from BTC and ETH ETFs that same day show capital rotation rather than new net capital entering crypto, which can limit upward pressure on XRP. In short-term trading, volatility is likely: inflows can create episodic support and improved liquidity, but price remains vulnerable to broader market sell-offs or profit-taking. Over the medium to long term, persistent institutional ETF inflows are moderately bullish as they increase AUM and on‑exchange liquidity; but absent continued net inflows, the short-term impact is mixed. Therefore the overall near-term price impact is best categorized as neutral.