February 27 News, Canary Capital CEO Steven McClurg stated that the performance of the XRP ETF continues to outperform Bitcoin and Ethereum, even amid significant outflows from both. Investors are consistently injecting funds into the XRP fund. McClurg emphasized that this indicates the market is reassessing investment preferences, with XRP becoming the main beneficiary of capital rotation within altcoin ETFs.
According to McClurg, XRP currently accounts for about 50% of the new capital inflows into altcoin ETFs, significantly higher than Solana and Hedera at 30% and 20%, respectively. Meanwhile, Bitcoin and Ethereum ETFs continue to face redemption pressures, reflecting investors’ tendency to seek alternative assets amid increased market volatility and uncertainty.
Notably, even with large outflows from Bitcoin ETFs, the XRP ETF still achieved net inflows. Since Canary Capital launched its first spot XRP ETF in November, the fund’s inflows have remained stable, with only a minor outflow on January 7, 2026. To date this month, the XRP fund has experienced only three outflows, while Bitcoin ETFs have seen outflows on nine trading days, demonstrating XRP’s relative strength.
Last week, Bitcoin and Ethereum investment products collectively saw outflows of $250 million, while the XRP ETF attracted an opposite flow of $3.5 million, further highlighting its resilience. McClurg pointed out that this trend reflects increased investor confidence in altcoins with strong practicality and clear growth potential.
As of now, the total net inflow into XRP ETFs has reached $1.24 billion, with total assets under management (AUM) at $1.06 billion. Among them, the Canary XRP ETF (XRPC) leads the market with $280.38 million in net assets, slightly surpassing Bitwise’s XRP ETF ($278.22 million), maintaining a leading position in the industry.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A $20 million liquidation! James Wynn shorted Bitcoin and was liquidated, leaving his account with only $900
Well-known trader James Wynn failed to short Bitcoin on the Hyperliquid platform, was forced to close the position, and suffered losses close to $20 million. Over the past two weeks, he has already been liquidated 6 times, highlighting the risks of high-leverage trading. Bitcoin has recently rebounded, driven mainly by short-seller squeeze, and the market’s total capitalization has risen to about $2.35 trillion.
GateNews13m ago
Japan’s Prime Minister embroiled in a Meme coin controversy: SANAE TOKEN surges 40x then crashes, and a major regulatory crackdown is about to land
The Japan SANAE TOKEN incident sparked a political stir, as token promotion involving Prime Minister Sanae Takaiti drew controversy. The market reaction was intense: after the token price surged dramatically, it then fell sharply. Japan’s Financial Services Agency has launched an investigation; regulatory scrutiny will be strengthened, signaling that compliance requirements in the crypto market will rise.
GateNews15m ago
TradFi Fall Alert: CHCUSD100 (China A50 100x) Falls Over 1%
Gate News: According to the latest Gate TradFi data, CHCUSD100 (China A50 100x) has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews1h ago
Trump Announces April 25 Mar-a-Lago Gala, Dispelling Rumors of Sudden Illness
Trump announced on April 7 that he will hold a meeting and luncheon at Mar-a-Lago on April 25. This news came at the height of the spread of health rumors. A White House spokesperson denied that Trump is ill, emphasizing that he is working normally at the White House. During the rumor period, the price of the TRUMP coin associated with Trump rose at one point, showing how politically themed meme coins are sensitive to news events, but long-term value has remained under pressure; the TRUMP coin is down more than 96% from its all-time high.
MarketWhisper1h ago
Bitcoin, ether, solana hold steady as Trump sets Tuesday night deadline for Iran deal
Bitcoin dipped to $68,589 after a brief rally fueled by ceasefire news, as geopolitical tensions persist. Other cryptocurrencies also fell. Market uncertainty continues, with Bitcoin trading within the $65,000 to $73,000 range, awaiting Trump's deadline for Iran negotiations.
CoinDesk1h ago
Bitcoin drops toward $68,000 as demand weakens and whales sell
Bitcoin BTC$68,767.57 slid toward $68,000 on Tuesday, with traditional markets closed in Hong Kong for a long weekend, as repeated failures near $70,000 left the bitcoin market vulnerable to a break lower.
The drop came after another failed push above $70,000, with prices slipping quickly once
CoinDesk2h ago
