February 27 News, Canary Capital CEO Steven McClurg stated that the performance of the XRP ETF continues to outperform Bitcoin and Ethereum, even amid significant outflows from both. Investors are consistently injecting funds into the XRP fund. McClurg emphasized that this indicates the market is reassessing investment preferences, with XRP becoming the main beneficiary of capital rotation within altcoin ETFs.
According to McClurg, XRP currently accounts for about 50% of the new capital inflows into altcoin ETFs, significantly higher than Solana and Hedera at 30% and 20%, respectively. Meanwhile, Bitcoin and Ethereum ETFs continue to face redemption pressures, reflecting investors’ tendency to seek alternative assets amid increased market volatility and uncertainty.
Notably, even with large outflows from Bitcoin ETFs, the XRP ETF still achieved net inflows. Since Canary Capital launched its first spot XRP ETF in November, the fund’s inflows have remained stable, with only a minor outflow on January 7, 2026. To date this month, the XRP fund has experienced only three outflows, while Bitcoin ETFs have seen outflows on nine trading days, demonstrating XRP’s relative strength.
Last week, Bitcoin and Ethereum investment products collectively saw outflows of $250 million, while the XRP ETF attracted an opposite flow of $3.5 million, further highlighting its resilience. McClurg pointed out that this trend reflects increased investor confidence in altcoins with strong practicality and clear growth potential.
As of now, the total net inflow into XRP ETFs has reached $1.24 billion, with total assets under management (AUM) at $1.06 billion. Among them, the Canary XRP ETF (XRPC) leads the market with $280.38 million in net assets, slightly surpassing Bitwise’s XRP ETF ($278.22 million), maintaining a leading position in the industry.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. stocks extend losses during the trading session, with all crypto-related stocks turning lower
On March 11, the US stock market overall declined, with the Dow Jones Industrial Average down 1.00%, the Nasdaq down 0.2%, and the S&P 500 index down 0.4%. Crypto-related stocks all turned lower, with several companies' stock prices dropping significantly.
GateNews19m ago
Today’s top 100 tokens by market cap gainers and losers: ICP up 7.60%, NIGHT down 14.23%
On March 11, among the top 100 cryptocurrencies by market capitalization, Internet Computer had the largest increase, rising by 7.60%; while Midnight experienced the largest decline, dropping by 14.23%. The other top five gainers included Humanity Protocol, Artificial Superintelligence Alliance, Hyperliquid, and JUST, while the top five losers were Kite, Dogecoin, Zcash, and Jupiter.
GateNews24m ago
ETH 15-minute decline of 0.80%: On-chain large fund flows and DEX selling pressure resonate to trigger a downtrend
2026-03-11 15:00 to 2026-03-11 15:15 (UTC), ETH price briefly and rapidly declined within the range of 2042.35 to 2065.57 USDT, with a K-line return of -0.80% and an amplitude of 1.13%. Market volatility intensified during this period, with significantly increased attention, and short-term market pressure triggered market alertness.
The main driving force behind this anomaly is large-scale on-chain fund flows and sell pressure concentrated on decentralized exchanges (DEX). Monitoring data shows multiple large ETH transfers to trading platforms, suspected to involve institutions or whales.
GateNews53m ago
Traditional Finance Alert: BNTX Surges Over 8%
Gate News bot message: According to the latest Gate TradFi data, BNTX surged 8% in the short term, with current volatility significantly higher than the recent average level, indicating increased market activity.
GateNews54m ago
Brera Stock Plunges Amid Growing Solana Pivot as 'Solmate' Firm Dumps Soccer Teams
In brief
Shares of Brera Holdings (SLMT) have dumped more than 19% on Wednesday.
The firm announced its intentions to shift focus to a UAE-centered Solana infrastructure firm late Tuesday.
One of its largest institutional shareholders, Ark Invest, began offloading small portions of its
Decrypt55m ago
BTC 15-minute increase of 0.63%: Derivatives market liquidations as the core driver, on-chain large transfers resonate and amplify volatility
From 14:15 to 14:30 on March 11, 2026 (UTC), Bitcoin (BTC) experienced a short-term fluctuation. The candlestick data shows a return of +0.63% within 15 minutes, with a price range of 70170.3 to 70694.9 USDT and an amplitude of 0.75%. Market attention increased during this period, volatility intensified, and both bulls and bears participated actively in short-term trading.
The main driver of this fluctuation was a liquidation event in the derivatives market. Historical experience indicates that when large-scale liquidations occur in the futures and perpetual contracts markets,
GateNews1h ago
