Ripple's $XRP spot ETFs bucked a broader crypto selloff on June 1, pulling in $4.13 million in net inflows on a day when $BTC and $ETH ETFs both recorded outflows, according to data from SoSo
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June 2, 2026
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Ripple's $XRP spot ETFs bucked a broader crypto selloff on June 1, pulling in $4.13 million in net inflows on a day when $BTC and $ETH ETFs both recorded outflows, according to data from SoSoValue.
The entire day's inflow was attributed to a single fund: Canary Capital's XRPC. XRPC is the first pure spot XRP ETF launched in the US, trading on Nasdaq with a 0.35% expense ratio.Canary Capital made history on November 13, 2025, by launching the fund.
XRP ETFs Build Momentum in 2026
June 1's inflow adds to a strong run for XRP-linked ETF products. May 2026 marked XRP's strongest ETF inflows month of the year, with US XRP spot ETFs logging $131.94 million in net inflows per SoSoValue, topping April's $81.59 million and reversing March's outflows.
Total net assets across the US XRP ETF category stood near $1.12 billion, with cumulative net inflows reaching $1.42 billion.XRPC currently holds the most XRP among all ETFs with over 180 million tokens.
Rotation Into XRP as Broader Sentiment Wavers
The June 1 data reinforces a pattern of selective investor rotation. While BTC and ETH ETFs faced net redemptions that day, capital continued to flow into XRP products, suggesting some investors are treating XRP-linked funds as a distinct allocation rather than a proxy for the broader market.
Bitcoin products recorded about $2.43 billion in monthly outflows during May, while Ethereum products saw around $540.88 million leave funds, placing XRP ahead of both by monthly fund flow performance.That divergence comes as XRP remains one of the few large tokens with a specific policy and product narrative.
Whether sustained inflows can eventually translate into price momentum will likely depend on how the market digests ongoing macro headwinds and any progress on US crypto legislation.
Bittensor is getting close to one of its most important technical levels this year. Traders are watching to see if it breaks out or breaks down. The TAO price dropped 3.93% in one day to $241
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