Amid a weakening overall crypto market, fund flows have become divergent across ETFs. Data shows that XRP-related funds continued to see net inflows last week, while Bitcoin and Ethereum funds continued their redemption trend, making XRP the top-performing major crypto ETF for the third consecutive week.

Weekly fund flows continue to diverge.

According to SosoValue data, the XRP ETF recorded a net inflow of $15.2 million last week. During the same period, the Bitcoin ETF saw a net outflow of $1.42 billion, and the Ethereum ETF saw a net outflow of $241.45 million.

This means that while mainstream crypto assets are under pressure, funds have not withdrawn from all products simultaneously, but have continued to flow into XRP-related funds. Looking at weekly performance, XRP has outperformed Bitcoin and Ethereum ETFs for three consecutive weeks.

XRP has not seen net outflows in the past month.

The report noted that since April 30, XRP ETFs have seen inflows on most trading days, with only a few days experiencing zero inflows and zero outflows. In the past month, these funds have not experienced net outflows.

This performance shows that the market's willingness to allocate to XRP remains strong, especially at the institutional level, where XRP-related products have a significantly stronger absorption capacity than the other two mainstream crypto ETFs.

Bitcoin and Ethereum continue to be under pressure

In contrast, the funding situation for Bitcoin and Ethereum ETFs has not improved. Reports show that Bitcoin ETFs have experienced net outflows for several consecutive trading days since May 15, while the outflow cycle for Ethereum ETFs started earlier, continuing from May 11.

At the current stage, ETF fund flows are becoming an important indicator for observing mainstream cryptocurrency market preferences. XRP continues to attract new funds, while Bitcoin and Ethereum funds are experiencing continuous outflows, further widening the gap in institutional fund strength among the three.