Ethereum Books Record Institutional Inflows, XRP Sees Outflows: What Is Going On?

Ethereum (CRYPTO: ETH) has emerged as the top-performing digital asset among institutional investment products, notching $321 million in inflows last week, its strongest 6-week streak since December 2024, according to a report.

What Happened: In contrast, Bitcoin (CRYPTO: BTC) saw its first weekly outflows since mid-April, shedding $8 million following a sharp reversal mid-week, a report by CoinShares stated on Monday.

Notably, XRP (CRYPTO: XRP) investment products recorded $28.2 million in outflows, marking the second straight week of capital flight from the asset.

The turnaround came after a …

Full story available on Benzinga.com