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
TradFi Rise Alert: XPTUSD (Platinum) Rises Over 2%
Gate News: According to the latest Gate TradFi data, XPTUSD (Platinum) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews2m ago
XRP Today's News: Five-Year Legal Battle Ends, Price Drops After Regulatory Clarity
The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) released a cryptocurrency asset classification framework, designating XRP as a "digital commodity" and ending a five-year regulatory dispute. Although this news temporarily boosted XRP's price, it subsequently declined due to interest rate policies and market sentiment. The market is focused on the March 27 deadline for XRP ETF applications, which could serve as a new catalyst if approved.
MarketWhisper15m ago
Crypto Market Declines for Three Consecutive Days, BTC Narrows Losses and Rebounds Above $70,000, GameFi Sector Rises Against the Trend
The crypto market has declined for three consecutive days, with the SocialFi sector down 4.65%, while Bitcoin and Ethereum fell 0.88% and 1.94% respectively. GameFi showed strength, with Axie Infinity up 3.84%. Other sectors generally declined, with some tokens such as eCash and PIPPIN posting modest gains. Overall sector indices show varying degrees of decline.
GateNews33m ago
Solana on-chain revenue hits 18-month low, SOL may test $80 level
The Solana ecosystem has come under pressure recently, with SOL's price retreating from $97.70 to $87, representing a three-day decline of approximately 11%. Sentiment in the derivatives market is insufficient, with funding rates approaching historic lows, and on-chain DApp revenue has dropped to an 18-month low. Despite relatively solid performance on decentralized exchanges, new products and competition are putting pressure on capital flows. SOL is expected to remain range-bound and weak in the near term.
GateNews37m ago
Solana Surges Five Consecutive Days to $774, Hitting All-Time High, Largest On-Chain Long Position Floating Profit Reaches $1.43 Million
On March 20, the three major U.S. stock indices fell collectively, and precious metals came under pressure as the overall market weakened. SanDisk (SNDK) rose against the trend, gaining 2.44% and reaching a new high, currently trading at 774 dollars. Among on-chain long whale holders, the largest position holder's profits increased significantly, with floating gains rising from 840,000 dollars to 1.43 million dollars.
GateNews51m ago
PHA Soars 27.93% as Broader Crypto Market Shifts
PHA experienced a remarkable price surge of 27.93% in one hour, rising to $0.0426 amid mixed market signals. Increased trading volume and speculative interest suggest a shift in investor sentiment towards altcoins, highlighting potential breakout levels to watch.
Coinfomania57m ago
