Canary Capital CEO Says XRP ETF More Stable Than Bitcoin and Ethereum

▲ XRP ETF/ChatGPT-generated image

XRP is outperforming Bitcoin and Ethereum, supported by steady institutional capital inflows through spot ETFs.

According to crypto-focused outlet The Crypto Basic on February 27 (local time), Canary Capital CEO Steven McClurg stated that despite recent market volatility, inflows into XRP spot ETFs have remained more stable than those of Bitcoin (BTC) and Ethereum (ETH). McClurg analyzed that this trend reflects XRP’s practical utility and growing institutional trust.

McClurg explained that while Bitcoin and Ethereum spot ETFs have experienced significant inflows and outflows depending on macroeconomic indicators, XRP spot ETFs show stronger long-term holding conviction among investors. As institutional investors begin to recognize XRP not merely as a speculative asset but as core infrastructure for payment systems, the nature of capital allocation has shifted.

Market observers believe XRP’s steady capital inflows are aligned with improved regulatory clarity. McClurg added that as legal uncertainties between Ripple and regulators move toward resolution, a pathway has opened for conservative institutional capital to enter the market in earnest. Even amid weakened overall sentiment in the broader crypto market, XRP has secured independent upward momentum.

Canary Capital expects the size of XRP spot ETFs to expand further and plans to strengthen its related product lineup. McClurg noted that if the current pace of inflows continues, XRP could demonstrate the most resilient growth among top assets by market capitalization. Several pension funds and major asset managers are already reviewing the inclusion of XRP spot ETFs.

This trend suggests that the center of gravity in the crypto market is shifting from simple store-of-value assets to those with tangible utility. Leveraging its technological strength in payments and remittances, XRP is establishing itself as a core asset in institutional portfolios. Stable capital inflows are expected to help reinforce downside price support going forward.

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