XRP ETF Inflows Outpace Bitcoin as Spot Momentum Cools
XRP (XRP)
Editor:
Eugene Serbin
cvj.ai reports that XRP surged 3.8% to $1.44 on Wednesday, outperforming Bitcoin, Ethereum, and Solana. This relative strength coincided with XRP-focused ETF products recording $1.55 million in net inflows, while Bitcoin, Ethereum, and Solana funds saw net outflows of $46.65 million, $24 million, and $667,720 respectively. Bitcoin gained only 1% to near $79,000, failing to reclaim the $80,000 mark lost on September 5 after US nonfarm payrolls rose by 162,000.
Glassnode data shows Bitcoin’s spot momentum dropped 30% in a week, though spot CVD improved from -$84.9 million to -$29.6 million. Derivatives data presents a mixed picture, with futures open interest rising 1% to $37.1 billion while long-side funding payments dropped 32.8% to $1.3 million. This divergence suggests growing leverage without strong bullish conviction, a pattern also noted by trader Ted Pillows who attributed recovery to short covering rather than genuine spot demand.
Stocktwits sentiment for XRP remained bearish despite the price strength and low chatter activity. The rally appears fragile and potentially derivatives-driven rather than supported by sustained spot buying. Three paths are possible: Bitcoin holding support to rise toward $82,700, remaining range-bound, or failing again at $80,000. The $1.55 million XRP inflows represent only one trading day and do not confirm a longer-term institutional shift.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 10 September 2026. Not the outlet's figures.
XRP is trading at $1.40 with a 1-hour buy ratio of 51.5% and a 4-hour buy ratio of 48.3%, compared to a 24-hour buy ratio of 52.7%. The 1-hour volume delta is positive at +$201,919, indicating immediate buying pressure, while the 4-hour delta is negative at -$1,188,445, showing selling pressure over a slightly longer timeframe. Over 24 hours, the volume delta is +$10,758,307 with a CVD close of +$1,044,211, suggesting net buying has dominated the full day. The buy ratio measures the proportion of trades executed as buys versus sells, while volume delta tracks the net difference between buy and sell volume. In this instance, the positive 24-hour delta confirms that buyers have outweighed sellers over the full day, despite mixed signals in shorter timeframes.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.3%, making the current 24-hour ratio of 52.7% an increase of 2.3 points. Volume was 1.13x the average, indicating higher-than-normal trading activity. There were 4 days of net buying out of 7, with a total volume delta of +$23,335,570 for the period. This represents an unusual day for the coin, as both the buy ratio and volume exceeded their weekly averages. The price changed +3.2% over 8 days, reflecting a modest but positive trend relative to the prior week.