Bitwise XRP ETF Sees $2.4M Inflows as Price Tests Key BTC Level

• Bitwise attracts XRP inflows while broader ETF market shows inactivity
• XRP tests key Bitcoin level as institutional interest remains selective
• Bitcoin dominance grows as XRP struggles to gain widespread ETF support

Institutional capital continues to favor Bitcoin, yet XRP is attracting selective attention at a critical moment in market positioning. According to data from Sosovalue, XRP exchange-traded funds recorded no activity for a second straight day, signaling weak participation across the segment. However, Bitwise stood out after its XRP product secured $2.4 million in inflows during this otherwise inactive period. This isolated allocation comes as XRP trades near a decisive level against Bitcoin, increasing the importance of timing behind such exposure.

Meanwhile, Bitcoin-focused funds continue to dominate institutional flows with consistent accumulation across multiple sessions. Spot Bitcoin ETFs have now extended their inflow streak to seven consecutive days, reinforcing sustained demand from large investors. Daily inflows across select funds exceeded $85 million, highlighting continued confidence in Bitcoin’s relative strength. As a result, capital rotation remains heavily tilted toward Bitcoin products, leaving XRP with limited broad-based support.

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XRP tests long-term support as Bitwise inflow signals selective positioning

XRP is currently trading near its 200-week moving average against Bitcoin, a level widely viewed as a long-term trend indicator. Holding this range could help stabilize sentiment, while a breakdown may confirm extended weakness relative to Bitcoin. Consequently, this technical position adds weight to the timing of Bitwise’s inflow, as it coincides with a critical support test.

Additionally, the lack of participation from other XRP ETF issuers highlights a fragmented institutional approach toward the asset. While competitors recorded zero flows, Bitwise continued accumulating exposure despite broader inactivity across the sector. This pattern suggests that a specific investor or group may be positioning ahead of a potential market shift.

Bitcoin dominance continues to overshadow broader altcoin participation

Bitcoin’s continued inflow dominance has reinforced its position as the preferred institutional asset across the crypto market. Large asset managers are steadily increasing exposure through ETFs, which further concentrates liquidity around Bitcoin products. Consequently, alternative assets like XRP struggle to attract consistent inflows despite isolated activity from select funds.

Moreover, historical patterns indicate that XRP has previously entered growth cycles after testing major long-term support levels. However, the current environment remains uncertain, as broader participation has yet to return. This imbalance between strong Bitcoin inflows and limited XRP demand continues to shape near-term expectations across the market.

Also Read: Shiba Inu supply squeeze intensifies as 86 billion tokens leave exchanges

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