XRP-linked funds see fresh inflows

CoinDesk reported on May 22 that XRP-linked funds were drawing fresh inflows while bitcoin- and ether-linked products continued to lose money, citing fund-flow data and on-chain wallet growth. The report said the divergence added to signs that capital in 2026 has been moving away from the two biggest crypto assets and into a narrower set of altcoin trades. CoinShares data for the week ended May 15 showed XRP products posted inflows even as bitcoin and ether funds recorded large outflows. XRPSCAN data cited by CoinDesk also pointed to a rise in newly created XRP wallets. ### How large was the gap between XRP and the two biggest crypto funds? CoinShares said XRP investment products took in $67.6 million in the week ended May 15. The same weekly report showed bitcoin funds lost $982 million and ether funds lost $249 million, according to CoinDesk’s May 19 and May 22 reports summarizing the CoinShares data. (coindesk.com) CoinShares said total digital-asset investment-product outflows were moderating in some recent weeks, but the asset-level split remained pronounced. In one earlier 2026 weekly report, CoinShares said bitcoin saw outflows while “select altcoins, led by XRP, attracted renewed interest.” ### Why are traders watching wallet counts as well as fund flows? (coindesk.com) CoinDesk said a “spike in newly created wallets” suggested some traders may be rotating into XRP while cutting exposure to bitcoin and ether. Wallet growth is not the same thing as fund inflows, but it is one of the on-chain indicators traders use to track whether new users or fresh speculative activity are showing up in a token. (researchblog.coinshares.com) XRPSCAN is one of the public explorers for the XRP Ledger and publishes account and balance data for the network. CoinDesk pointed to that wallet activity alongside the fund-flow figures to argue that demand was showing up in both market structure and on-chain usage. That is an inference from the two datasets rather than a direct company statement. ### Is this a one-week anomaly or part of a broader 2026 pattern? CoinDesk’s May 19 report said XRP and solana products had attracted fresh inflows while bitcoin fund outflows neared $1 billion in the latest reporting week. (coindesk.com) That report used the same CoinShares weekly data series and described the move as part of a broader cooling in institutional demand for bitcoin. (xrpscan.com) The Block and CoinShares reports from earlier in 2026 also showed repeated episodes in which XRP products outperformed larger crypto funds. In January, The Block reported that XRP ETFs logged inflows while spot bitcoin and ether funds suffered combined outflows, and in April it reported XRP led weekly inflows into global crypto funds. (coindesk.com) ### Does this mean institutional money has turned bullish on XRP? CoinDesk framed the move more narrowly than that. Its May 22 report said the fresh inflows and wallet gains “suggest” some traders may be rotating into XRP while trimming exposure to larger assets, rather than declaring a broad change in institutional sentiment. (theblock.co) CoinShares’ weekly reports also show that crypto fund demand has been uneven from week to week in 2026. In some periods bitcoin and ether led inflows, while in others XRP either outperformed or was the only major asset to avoid outflows. ### What should traders watch next? CoinShares publishes weekly digital-asset fund-flow reports that have become a benchmark for tracking where exchange-traded crypto money is moving. (coindesk.com) CoinDesk’s May 22 story tied the latest XRP move to those weekly figures and to wallet creation data from XRPSCAN. The next CoinShares weekly update and subsequent XRPSCAN account data will show whether XRP keeps attracting money while bitcoin and ether funds remain under pressure. (researchblog.coinshares.com 1) (researchblog.coinshares.com 2)