XRP Ignites Crypto Market Rebound with $224M Influx, Ethereum Lags
After a challenging late-March downturn, global crypto investment products have experienced a significant resurgence, attracting $224 million in inflows last week. XRP-focused funds, in particular, led this recovery, drawing substantial capital while Ethereum products continued to face outflows. This shift highlights a nuanced sentiment in the crypto market, influenced by geopolitical factors and evolving investor expectations.
XRP Takes the Lead in Capital Inflows
The past week saw a remarkable turnaround for crypto investment products, recouping a portion of the $414 million pulled in late March amid heightened geopolitical tensions and inflation concerns. Switzerland emerged as a key driver, channeling an impressive $151.5 million into crypto funds, followed by Germany with $27.7 million and the US contributing $27.5 million. Canada also registered notable inflows of $11.2 million. XRP-based investment vehicles stood out, recording the largest inflows among all digital assets at $119.6 million – its best weekly performance since mid-December. This strong showing boosts XRP's Year-to-Date inflows to $159 million, accounting for approximately 7% of its Assets under Management (AuM). However, US-listed XRP Exchange Traded Products (ETPs) experienced their first red month since their November launch, with $31.1 million in outflows, suggesting a divergence in regional sentiment. Despite this, US XRP ETPs maintained positive net flows of $42.52 million in Q1 2026, trailing only Solana funds.
Bitcoin's Mixed Signals and Ethereum's Persistent Decline
Bitcoin funds also contributed positively to the market rebound, securing $107.3 million in global inflows last week. This improved performance comes despite lingering net outflows of $145 million from US Bitcoin products for the current month. Interestingly, short Bitcoin investment products saw their largest inflows since mid-November, totaling $16 million, indicating a polarized investor outlook on the asset's immediate future. Nonetheless, US Bitcoin ETFs started the week strong, registering their best single-day performance in over a month with $471.3 million in positive net flows on Monday. Overall, US Bitcoin funds concluded Q1 2026 on a high note, breaking a four-month negative streak with $1.32 billion in March inflows. Solana funds similarly enjoyed a good week, attracting $34.9 million in inflows, further solidifying its position with 10% of AuM YTD. In contrast, Ethereum continues to struggle, recording $52.8 million in outflows last week, extending its negative streak as investors react to recent adverse developments surrounding the asset.
