XRP raises $30 million amid bitcoin funds ‘bleed’

Investment products linked to XRP, the cryptocurrency issued by Ripple Labs, raised $31.8 million globally during the week of May 18 to 22.

The movement contrasted with the strong “hemorrhage” of capital suffered by funds based on bitcoin (BTC)which recorded departures of 1,315 million dollars.

According to a report From CoinShares published on May 26, 2026, investment products based on digital assets recorded – collectively and globally – withdrawals of $1.47 billion. It was the second consecutive week of departures and the third with the highest capital withdrawals so far in 2026.

Bar graph showing the inflows and outflows of money in investment products based on digital assets globally.Bar chart showing the inflows and outflows of money in investment products based on digital assets globally.
Entries and exits in investment funds based on digital assets. Fountain: CoinShares.

CoinShares noted that “risk aversion spread globally.” This context is marked, among other factors, by the war linked to Iran and the blockade of the Strait of Hormuz since February 28, a key route for global oil transportationas reported by CriptoNoticias. The interruption of this step maintains pressure on energy prices, fuels inflationary fears and reduces the margin for central banks to lower interest rates.

Map of the Middle East with an arrow pointing to the Strait of Hormuz.Map of the Middle East with an arrow pointing to the Strait of Hormuz.
The Strait of Hormuz is a fundamental maritime passage for the global oil industry. Source: Google Maps.

In this framework, BTC was the main affected with the largest weekly capital outflow of the year for linked funds to this asset. One step behind is ether (ETH), Ethereum’s native cryptocurrency, which recorded withdrawals of $222.8 million.

It should be noted that XRP was not the only asset that registered money inflows, although it was the one that did so to a greater extent. During the past week, solana (SOL) investment funds raised 7.7 million dollars, while sui (SUI) raised about 2.9 million.

Table showing money inflows into investment funds based on digital assets. Table showing money inflows into investment funds based on digital assets.
XRP, solana and sui all recorded inflows over the past week. Fountain: CoinShares.

The investment products allow institutional and traditional investors to gain indirect exposure to digital assets without the need to directly purchase or custody them.

Despite capital inflows into its funds, XRP is currently trading at $1.37, 62.5% below its all-time high of $3.65.

Chart showing the price of XRP. Chart showing the price of XRP.
XRP price in the last 12 months. Fountain: CoinMarketCap.

This shows that institutional flows do not always immediately impact the price, especially in adverse macroeconomic and geopolitical contexts for assets considered risky, such as bitcoin and cryptocurrencies. The thing is that these XRP funds are still of a small magnitude and that is why, despite the interest they provoke and the capital traction they are generating, they have not yet positively impacted the price of the underlying asset.

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