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
SIREN breaks through 2 USDT, 24-hour surge reaches 131%
Gate News report: On March 22, SIREN price surged and broke through 2 USDT, now trading at 2.11 USDT, with a 24-hour gain of 131%.
GateNews26m ago
SIREN surges 152% in 24 hours, with a certain address cluster realizing unrealized gains exceeding $950 million
Gate News reported that on March 22, market data showed that SIREN broke through $2.4, with a 24-hour increase exceeding 152%, and current market cap is approximately $1.65 billion. According to MLM monitoring, in the past 24 hours, an address cluster transferred 484.6 million SIREN from Hedgey Finance, currently worth approximately $1 billion, accounting for 48.5% of total supply. The cluster's unrealized gains have exceeded $950 million, with SIREN in a highly controlled state.
GateNews33m ago
Resolv USR Exploit Triggers 50M Mint and Sharp Depeg
Resolv Labs faced a security breach where attackers minted 50M unbacked USR tokens, causing a rapid sell-off that depegged USR. Recovery efforts are ongoing, with losses estimated at $25M, while protocol operations remain paused.
CryptoFrontNews36m ago
LYN increased by 52.00% after the Alpha launch, now trading at 0.09332 USDT
Gate News bot message: Since launching on Alpha, LYN has increased by 52.00%, with the current price at 0.09332 USDT.
CryptoRadar1h ago
Crypto Market Sees Continuous Downturn As Geopolitical Tensions Grow
The global crypto market is down 1.60% to $2.38T amidst escalating U.S.-Iran tensions, with Bitcoin and Ethereum experiencing declines. Notably, some smaller cryptocurrencies have surged. DeFi and NFT sectors show mixed trends, while regulatory developments emerge.
BlockChainReporter3h ago
