XRP has surpassed both Bitcoin and Ethereum in weekly ETF performance, with institutional investors showing stronger conviction in the token amid cautious sentiment toward the other major cryptocurrencies. The exact figures of the outperformance were not disclosed, but the trend marks a notable shift in fund flows.
BitMine extended its Ethereum buying spree by acquiring another $50 million worth of tokens, despite weak market conditions. The firm continues to expand its Ethereum treasury, signaling long-term conviction in the asset even as broader crypto markets face headwinds.
XRP's relative strength in ETF flows suggests growing institutional interest, particularly as regulatory clarity around the token improves compared to Bitcoin and Ethereum. Meanwhile, BitMine's Ethereum accumulation adds upward pressure on the token's supply dynamics, though broader market sentiment remains mixed.
Analysts caution that XRP's lead in ETF performance may be short-lived if the broader market downturn deepens, while BitMine's aggressive buying could amplify downside risk if Ethereum prices fall further. Neither token's price data was provided in the source reports.