Are Bitcoin ETF Buyers Rotating Into XRP ETFs? This Schwab Exec Says Maybe
Posted On June 11, 2026
Bitcoin (CRYPTO: BTC) is holding above the critical $60,000 level, yet some investors are rotating capital into XRP (CRYPTO: XRP) and select altcoins ahead of potential crypto legislation in Washington.
Institutional De-Risking
Speaking on Schwab Network’s Crypto Corner, Adam Lynch, director of equity research at the Schwab Center for Financial Research said Bitcoin ETFs have experienced approximately $1.7 billion in outflows over the past week and more than $5.4 billion over the last month.
Crypto investment products overall have recorded roughly $4.5 billion in outflows during the past three weeks.
The recent selling marks a sharp reversal from early May, when Bitcoin ETFs enjoyed a 10- to 12-day inflow streak.
“We …
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