In a surprising twist that has crypto analysts raising their eyebrows, XRP exchange-traded products (ETPs) recorded a staggering $37.7 million inflow for the week ending April 18, 2025, claiming the top spot among all digital assets.
XRP defies market expectations with an eye-popping $37.7 million weekly inflow, outperforming all other digital assets in April 2025.
This remarkable performance stands in stark contrast to the broader crypto market, which managed only $6 million in total inflows during the same period, according to the latest CoinShares Digital Asset Fund Flows report.
While Bitcoin ETPs suffered a minor $6 million outflow and Ethereum products continued their losing streak with a $26.7 million Exodus, XRP emerged as the unexpected champion of the week.
Ethereum’s struggles are particularly notable, marking its eighth consecutive week of outflows, with a cumulative $772 million leaving the space since late February.
The surge in XRP investment occurred despite mid-week turbulence triggered by disappointing US retail sales data, which temporarily erased earlier gains and contributed to $146 million in outflows across the crypto market.
Think of it as XRP swimming upstream while other cryptocurrencies were being swept away by the current.
Geographic investment patterns reveal a significant divergence between regions.
Recent concerns about dormant XRP wallets tied to Ripple’s co-founder have sparked debates about centralization risks, yet investors seem undeterred.
US investors led the retreat with $71 million in outflows, while European counterparts – particularly from Switzerland ($43.7 million) and Germany ($22.3 million) – demonstrated stronger risk appetite by adding to their crypto positions.
This trend indicates a potential decoupling from traditional markets as crypto assets showed resilience while major indices like Nasdaq and S&P 500 fell sharply.
Year-to-date, XRP ETPs have accumulated $214 million in inflows, positioning the asset in third place behind Bitcoin ($541 million) and Ethereum ($215 million).
At this pace, XRP may soon overtake Ethereum’s YTD position.
Market observers attribute XRP’s exceptional performance to several factors, including growing speculation around potential US spot XRP ETF approvals, positive developments in Ripple’s ongoing legal battles, and anticipated regulatory shifts.
Canada also contributed to the positive sentiment with modest inflows of $9.4 million during the week, further supporting XRP’s upward trajectory.
Institutional interest has also intensified, with a recent Coinbase/EY survey revealing that 34% of institutions holding altcoins prefer XRP, surpassing even Solana (30%) in popularity.