Bitcoin exchange-traded funds have surpassed $50 billion in combined inflows, with $1.2 billion coming in the first week of July. BlackRock’s iShares Bitcoin Trust led with $581.5 million. XXRP, tied to Ripple’s stablecoin, surged. Bitcoin hit a new high above $113,000, boosting crypto ETF activity. XXRP gained 18.1% in five days.

Crypto ETFs have accumulated $50.1 billion in total inflows, generating $14.9 billion year-to-date. XXRP gained nearly 40% year-to-date, with $176.4 million in net flows. Ripple’s stablecoin, RLUSD, crossed $500 million in market cap. XXRP’s gains coincided with RLUSD’s milestone, making it the 110th-largest cryptocurrency.

Bitcoin ETFs like ARKB and BITB attracted $217.1 million and $60.4 million, respectively, in July. Grayscale Bitcoin Trust ETF recorded $95.1 million in outflows. Bitcoin’s 21.1% year-to-date growth boosted ETF inflows, reaching new all-time highs. XXRP’s 18.1% gain and Ripple’s stablecoin milestone contributed to the surge in crypto ETF activity.

Read more at Yahoo Finance: Bitcoin ETF Inflows Hit $50B; XXRP Surges on Ripple News