Bitcoin spot ETFs in the US just notched their sixth consecutive day of net positive inflows, pulling in roughly $69.1 million on July 21. It’s the kind of streak that doesn’t grab headlines like a 10% price swing, but arguably tells you more about where serious money is actually going.

Meanwhile, XRP spot ETFs are quietly putting together their own narrative. The funds haven’t recorded a single day of net outflows since July 9, a stretch that’s notable given the product category is still less than a year old.

The Bitcoin ETF machine keeps humming

Cumulative net inflows into US Bitcoin spot ETFs have now crossed roughly $52.29 billion since these products launched in January 2024. That translates to approximately 648,820 BTC absorbed by these funds.

Major issuers like BlackRock and Fidelity have been consistent contributors to the flow, suggesting this is institutional capital moving with conviction rather than retail traders chasing a bounce.

XRP ETFs find their footing

Since launching in November 2025, XRP spot ETFs have accumulated over $1.4 billion in cumulative inflows.

The last notable outflow event came on July 9, when $7.29 million exited XRP ETF products. That was one of the largest single-day withdrawals the funds have seen. Since then, the picture has been remarkably stable, with daily flows from July 10 through July 20 registering either zero or small positive amounts.

What the flow data actually tells investors

The $52 billion cumulative figure for Bitcoin ETFs represents a structural change in how traditional finance interacts with crypto. More than 648,000 BTC sitting in ETF custody means that supply on exchanges continues to thin out.

For XRP, the absence of outflows since July 9 signals that the product has survived its early shakeout period. The $7.29 million outflow on July 9 looks increasingly like a one-off event rather than the start of a trend.