XRP Records $245M Inflows, Driving a $716M Revival in Crypto Investments

Core Insights - Institutional sentiment towards digital assets is improving, with crypto investment products seeing $716 million in inflows, marking the second consecutive week of renewed demand and raising total assets under management to $180 billion [1][2][8] Inflows and Market Dynamics - The recent inflows are still below the peak of $264 billion earlier this year, indicating a significant change in investor sentiment after a challenging month for risk assets [2] - The U.S. led the inflows with $483 million, followed by Germany at $96.9 million and Canada at $80.7 million, showing improved appetite for crypto across nearly all regions [3][4] Bitcoin and Ethereum Performance - Bitcoin products were the primary driver of inflows, attracting $357 million, with year-to-date inflows at $27.1 billion, although still below the record $41.6 billion from 2024 [5] - Ethereum products saw a modest inflow of $45 million, ending a streak of redemptions as ETH reclaimed the $3,000 level [6] Altcoin Trends - XRP dominated altcoin investment products with $245 million in inflows, marking its strongest week of the year and contributing to a year-to-date total of $3.1 billion, a significant increase from $608 million in 2024 [9][10] - Chainlink also experienced notable inflows of $52.8 million, the largest weekly inflow in its history [10]