Inflows into xrp etfs and a surge in new wallets suggest potential rotation from btc and eth. however, the overall network growth trend for xrp is weaker than previous periods, indicating this might not be a sustained shift.
The combination of positive etf flows and increased on-chain activity, even if speculative, creates short-term buying pressure that could push xrp's price up.
The current data points to a short-term speculative burst or rotation. a longer-term bullish trend would require sustained inflows and consistent network growth, which is not yet evident.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email XRP ETFs attract inflows amid wallet surge. bitcoin, ether funds struggle. Fresh inflows into XRP-linked funds and a spike in newly created wallets suggest some traders may be rotating into the token while trimming exposure to crypto’s largest assets. By Sam Reynolds | Edited by Omkar Godbole May 22, 2026, 6:36 a.m. 2 min read Make preferred on What to know : XRP held near $1.37, with data suggesting some investors may be rotating into XRP. XRP-linked investment products have attracted about $42 million in net inflows over the past week, even as U.S. spot bitcoin ETFs shed more than $1.4 billion and ether funds also lost assets. On-chain data show a sharp, one-day spike of about 4,300 new XRP wallets, raising questions about whether this marks the start of a broader rotation into XRP or a short-lived speculative burst. XRP held near $1.37 by midday Hong Kong time on Thursday, according to CoinDesk market data , with fresh ETF and on-chain data suggesting some investors may be rotating into XRP. Meanwhile, market leader bitcoin BTC $ 77,342.33 hovered around $77,400 and ether (eTH) remained under pressure. CoinGlass data shows XRP-linked funds pulled in $8.88 million in the latest session, extending a streak of positive flows that includes $18.52 million on May 14 and $10.87 million on May 15. Across the past week, XRP products have attracted roughly $42 million in net inflows. This has caught analysts' attention because money has been leaving the largest listed crypto products. Bitcoin ETFs lost another $100.9 million in the latest daily session, following redemptions of $648.6 million, $331.1 million, and $290.4 million earlier in the same stretch. Ether products also remained under pressure, losing $32.6 million in the latest session. The data suggests a selective appetite for alternative crypto exposure, though XRP’s broader network growth trend remains weaker than late 2025 levels. Onchain activity offers a second, though less definitive, signal. XRP recorded the fourth-largest daily spike in wallet creation this year, with 4,300 new wallets added in 24 hours, according to Blockchain analytics firm Santiment . (Santiment) Fresh wallet creation can sometimes point to new network participation, particularly when paired with capital inflows. But the broader Santiment chart suggests caution. XRP’s network growth has generally trended lower since late 2025, making the latest move look more like a sharp one-day spike than clear evidence of sustained adoption. For traders, the question is whether XRP is seeing the early stages of a broader rotation trade, or simply a short-lived burst of speculative positioning while the wider crypto market remains under pressure. XRP News More For You Bitcoin trades near $77,700 as analysts eye $75,000 support after liquidation wave By Sam Reynolds | Edited by Omkar Godbole 58 minutes ago Open interest held steady and funding stayed subdued during the recent liquidation wave, suggesting traders were de-risking rather than capitulating, according to HashKey Research's Tim Sun. What to know : Bitcoin hovered around $77,700 after a brief drop below $77,000, with derivatives data suggesting the move was a leverage flush rather than the start of a deeper downturn. Analysts say the $75,000 to $77,000 range remains a key support zone, as liquidations were split between longs and shorts and did... Read full story Latest Crypto News Bitcoin trades near $77,700 as analysts eye $75,000 support after liquidation wave 58 minutes ago India cracks down on prediction markets: Polymarket goes dark, Kalshi could be next 1 hour ago Satoshi’s 1.1 million bitcoin and millions more can be saved from quantum attack, says expert 11 hours ago Mark Cuban says he sold most of his Bitcoin after failed hedge narrative 'disappointed' the billionaire 13 hours ago Ethereum’s identity crisis is deepening after high-profile 'brain drain' frustrates the community 13 hours ago Crypto prediction markets are turning into dangerous national security risks, and Congress wants to ban them 14 hours ago Top Stories Live markets: Yet another Iran peace deal and Mark Cuban sells his bitcoin 16 hours ago U.S. CFTC secures deal with National Hockey League on prediction market safeguards 15 hours ago Blockchain.com files with SEC for U.S. IPO 16 hours ago The $6 billion expiration countdown: Traders pile into $82,000 bitcoin calls ahead of May 29 expiry 19 hours ago Binance launches SpaceX pre-IPO perps amid $2 trillion valuation bets 23 hours ago Bitcoin's long-term holder supply approaches record high, breaking multi-year downtrend 17 hours ago In this article BTC BTC $ 77,342.33 ◢ 0.27 %