XRP ETFs See $3.43M Inflows on Jan 23 Led by Bitwise Fund

Coinfomania
XRP1,11%
BTC4,14%
ETH3,27%

XRP spot exchange traded funds recorded new inflows on January 23. Data shows that U.S. XRP ETFs took in a total of $3.43 million in one day. This came even as the wider crypto market stayed uncertain. Most of the inflow went into the Bitwise XRP ETF. It alone added $3.43 million. Other XRP funds saw flat flows with no major redemptions

Trading activity stayed steady with daily volume near $15.7 million. These numbers signal growing interest in XRP exposure through regulated products. Investors appear willing to add XRP even while Bitcoin and Ethereum ETFs face mixed demand.

Bitwise fund leads the move

The Bitwise XRP ETF played the main role in the day’s inflows. Its net assets rose to about $301.5 million after the latest additions. The fund’s price also moved slightly higher during the session. Other XRP ETFs, including products from Franklin, Canary, Grayscale and 21Shares, recorded no major inflows or outflows. Their balances remained stable.

Together, U.S. XRP spot ETFs now hold about $1.36 billion in total net assets. That equals roughly 1.17% of XRP’s market capitalization. Cumulative net inflows into XRP ETFs stand at around $1.23 billion. This steady build up shows that institutions and long term investors continue to use ETFs as their preferred way to access XRP.

Contrast with Bitcoin and Ethereum trends

The XRP inflows follow a different pattern from Bitcoin and Ethereum ETFs. In recent sessions BTC and ETH funds have seen notable outflows as traders reduce risk and wait for clearer market signals. In contrast, XRP has recorded two straight days of positive flows. On January 22, XRP ETFs added $2.09 million. On January 23 they added another $3.43 million.

This shift suggests some investors are rotating into select altcoins rather than leaving crypto altogether. XRP appears to be one of the main beneficiaries of that move. Some analysts point to improving regulatory clarity around XRP. Others highlight its lower price compared to past highs which makes it attractive for accumulation. While price action remains volatile, ETF demand offers a clearer look at institutional behavior.

What this means for XRP going forward

ETF flows often act as a signal of confidence. When money enters these funds, it shows that investors want exposure without holding tokens directly. For XRP, two days of inflows in a row suggest renewed interest by the Bitwise fund lead. It doesn’t guarantee a price rally. But it shows that selling pressure is not dominant inside ETF products. If this trend continues, XRP could see stronger support during market pullbacks. Also, it could attract more attention from asset managers and traders looking for alternatives to BTC and ETH.

At the same time risks remain. Broader market conditions still shape crypto prices. A sharp drop in Bitcoin could affect XRP as well. Currently, the data tells a simple story. Money is still moving into XRP and Bitwise is leading the charge.

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