Thursday, May 21, 2026

Creating liberating content

NFC Summit returns to...

Lisbon, Portugal — June 4–6, 2026 NFC Summit 2026 returns to Lisbon from June...

Cyprus Digital Marketing Summit...

Skyrocket Marketers Agency, the organiser of the inaugural Cyprus Digital Marketing Summit, is...

Cloudbet Adds ELA Games...

The world’s longest-running crypto casino continues to build out its supplier roster with...

The Future of Tech:...

The future of real estate took center stage as we successfully hosted “The Future...
HomeXRP attracts investors...

XRP attracts investors with $37.7 million weekly ETP inflow amid tepid market

Digital asset investment products recorded a modest $6 million in inflows last week, according to CoinShares’ latest report.

This follows several weeks of notable outflows, reflecting a cautious market sentiment.

James Butterfill, Head of Research at CoinShares, said the week began positively, with capital trickling into digital assets.

However, he pointed out that the mid-week US retail sales data, which came in stronger than expected, appears to have spooked investors, prompting significant withdrawals.

Butterfill said total outflows following the report reached $146 million, erasing earlier gains.

Bitcoin and Ethereum face pressure, while XRP shines

Bitcoin, the bellwether digital asset, remained the most actively traded crypto but ended the week with a small outflow of $6 million.

Butterfill pointed out that the asset’s trading patterns reflected market uncertainty, with inflows reversing after the release of US economic data.

Meanwhile, Short Bitcoin products also experienced continued pullback, marking their seventh consecutive week of outflows. These products lost another $1.2 million, bringing total outflows to $36 million, around 40% of assets under management.

Ethereum, on the other hand, continued to see investor caution. Last week alone, the asset faced $26.7 million in outflows, pushing its eight-week total losses to $772 million. Despite this, it still holds a positive YTD net inflow of $215 million, trailing only Bitcoin.

Amid the broader uncertainty, XRP had the strongest weekly inflow among all assets. The token raised $37.7 million, driven by growing expectations around a potential spot XRP ETF and sustained interest in Ripple’s developments.

Butterfill stated that XRP is now the third most popular crypto asset by year-to-date inflows, with $214 million added in 2025.

Across the regions, US-based investors led the outflows again, pulling $71 million from crypto funds.

This trend contrasts sharply with behavior in other regions. European countries showed a stronger risk appetite, with Switzerland recording $43.7 million in inflows, followed by Germany with $22.3 million. Canada also saw gains, attracting $9.4 million in new capital.

The post XRP attracts investors with $37.7 million weekly ETP inflow amid tepid market appeared first on CryptoSlate.

Continue reading

NFC Summit returns to Lisbon for its 5th edition with a new venue and a digital art-first vision

Lisbon, Portugal — June 4–6, 2026 NFC Summit 2026 returns to Lisbon from June 4 to 6 with a radically expanded vision: a three-day festival where art is not a side program, but the central structure. Hosted at the Unicorn Factory...

Cyprus Digital Marketing Summit 2026 Set to Unite Global Brands: Sponsorship Opportunities Now Open

Skyrocket Marketers Agency, the organiser of the inaugural Cyprus Digital Marketing Summit, is pleased to announce the launch of the region’s premier digital marketing event, scheduled for 4th June 2026 in Larnaca, Cyprus. The summit will bring together global...

Cloudbet Adds ELA Games to Its Casino Roster in Latest Move to Diversify Content for Global Crypto Players

The world’s longest-running crypto casino continues to build out its supplier roster with challenger studios that bring fresh themes and genuine variety — ELA Games joins with 16 titles across its slot catalogue WILLEMSTAD, CURAÇAO, May 15, 2026 — Cloudbet, the...