XRP ETFs are patiently becoming one of the more interesting corners of the US crypto fund market. On September 8, they attracted $1.55 million in fresh money, the strongest inflow among 12 spot crypto ETF groups tracked that day.
The contrast was striking. Bitcoin, Ethereum and Solana funds all posted losses at the same time, while only Hedera products joined XRP in recording positive flows.
It was the first session since July 9 in which Bitcoin, Ethereum and Solana funds all lost money together.
Bitcoin ETFs took the biggest hit, shedding $46.65 million. Ethereum products followed with $24.29 million, while Solana funds lost a comparatively modest $667,719.
Hyperliquid funds added to the damage, losing $12.96 million after bringing in $10.52 million just days earlier, on September 4.
Together, those four groups accounted for the full $84.56 million that flowed out of the 12 spot crypto fund categories that day, according to SoSoValue data.
XRP ETFs Found a Different Crowd
The entire $1.55 million that entered the XRP ETF group went into Franklin’s XRPZ fund. Bitwise, Canary, 21Shares and Grayscale’s XRP products all recorded zero flows.
The rest of the altcoin ETF crowd was even quieter. Avalanche, BNB, Dogecoin, Polkadot, Chainlink and Litecoin funds all posted no inflows or outflows.
That weakness was already visible the week before, when momentum across several altcoin products had begun to fade.
Daily numbers can be noisy, but September’s running totals paint a more nuanced picture. Bitcoin funds remain comfortably positive for the month, with $723.5 million in net inflows. Ethereum products have brought in $106.43 million.
XRP ETFs, meanwhile, have collected $14.86 million so far in September, putting them ahead of Solana products at $4.58 million. Dogecoin and Hyperliquid are the only fund groups in the red for the month.
The market’s price action also offered a clue about where attention was gathering. Hedera was up 7.4% over seven days, while XRP gained 7% and Bitcoin rose 2.2%.
XRP was trading near $1.44 on Tuesday, up 4.06% over 24 hours. Hyperliquid climbed 3.3% to $86.77, and Solana gained 2.03%.
For Wall Street, the more interesting story may not be the size of XRP’s one-day inflow. It is the contrast: money moved into XRP-linked funds on a day when some of crypto’s biggest ETF categories were heading in the opposite direction.
That does not necessarily signal a sweeping rotation into altcoins. But XRP ETFs are showing that, even in a choppy market, investors are not treating every crypto exposure the same way.