XRP Becomes Second Favorite Altcoin of Institutions Year-to-Date With $105,000,000 in Product Inflows: CoinShares

Crypto asset management giant CoinShares says institutional investors poured hundreds of millions into digital asset investment vehicles last week despite volatile market conditions.

In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment vehicles brought in nearly $530 million last week despite the market-wide slump triggered by Trump tariffs and DeepSeek.

“Digital asset investment products saw inflows totaling $527m last week. However, intraweek flows reflected volatile investor sentiment, heavily influenced by broader market concerns, such as the DeepSeek news, which triggered $530m in outflows on Monday.

Despite this initial sell-off, the market rebounded with over $1bn in inflows later in the week. Given the $44bn in inflows seen in 2024, US$5.3bn inflows year-to-date (YTD) and significant price gains, the current sell-off is not unexpected.”

Regionally, the US led inflows at $474 million. Europe also provided $78 million worth of inflows while Canada bled out $43 million in outflows, “perhaps due to the threat of trade tariffs imposed” by President Trump.

Bitcoin (BTC), per usual, pulled the lion’s share of inflows at $486 million. While Ethereum (ETH) products basically broke even last week with outflows of $300,000, XRP inflows of $14.7 million made it the second most popular altcoin of the year with $105 million in inflows year-to-date, second only to ETH’s $177 million.

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The post XRP Becomes Second Favorite Altcoin of Institutions Year-to-Date With $105,000,000 in Product Inflows: CoinShares appeared first on The Daily Hodl.