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Digital Assets See $3.3B Weekly Inflows Despite XRP’s Historic Reversal

  • XRP experienced a historic reversal with outflows of $37.2 million, the highest on record, despite digital assets seeing $3.3 billion in weekly inflows.
  • Inflows in digital asset investment products brought the cumulative six-week inflow streak to $10.5 billion, with year-to-date inflows reaching a record-breaking $10.8 billion.
  • Investors are diversifying towards digital assets due to US economic uncertainty, Moody's credit downgrade, and surging treasury yields.
  • Bitcoin led digital asset inflows with $2.9 billion, while Ethereum, Solana, and Sui also saw significant inflows. XRP faced outflows along with multi-asset products.

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