XRP ETF Holders Stood Firm as Bitcoin Funds Saw $450M Exit

Crypto commentator Dana Love argues that XRP’s most telling signal was not its price drop after the Senate’s Clarity Act vote, but the absence of redemptions from XRP exchange-traded funds. In the video, Love said spot Bitcoin ETFs lost $450.33 million in a single session and ether ETFs shed $141.47 million, while XRP ETF net flows were flat at zero.

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That distinction matters because XRP itself reportedly fell 7.98% to $1.29 during the sell-off, compared with a 1.42% decline for Bitcoin. Love’s central claim is that leveraged and spot-market traders sold XRP, while ETF investors largely held their positions.

Retail-heavy XRP funds did not follow the broader ETF retreat

Love cited SEC 13F filings and Bloomberg Intelligence analyst James Seyffart’s review of them to argue that roughly 84% of XRP ETF assets were held by investors not required to file quarterly holdings reports, suggesting a heavily retail-owned investor base. XRP ETFs had attracted $1.70 billion since their November launch and held about $1.45 billion in assets, according to the video.

The analyst contrasted that with Bitcoin ETF activity. Fidelity’s FBTC reportedly saw $214.8 million in outflows during Tuesday’s retreat, while BlackRock’s IBIT lost $161.7 million. Across crypto markets, Dana Love said about $670 million in positions were liquidated over 24 hours, with approximately $572 million tied to bullish bets.