Ethereum Sees Outflows as XRP Poised to Overtake
Key Takeaways
- Ethereum (ETH) saw ETF outflows of USD 82.47 million in one week – a sign of declining investor confidence.
- Despite the outflows, BlackRock is investing USD 1.8 billion in Ethereum – a strong signal of long-term conviction.
- Standard Chartered forecasts that Ripple (XRP) could surpass Ethereum in market value by 2028.
- Technical indicators currently show a continued bearish trend for ETH.
Ethereum Under Pressure: ETF Outflows Rise Sharply
Ethereum is currently under pressure. In just one week, USD 82.47 million flowed out of Ethereum ETFs (exchange-traded funds). Since mid-February, a clear trend has emerged: investors are pulling out capital, while ETH’s price has dropped to around USD 1,500. The total net assets of Ethereum ETFs have fallen from over USD 12 billion at the end of 2024 to USD 5.24 billion now.
This decline suggests weakening short-term confidence. However, major institutional investors such as BlackRock are taking the opposite stance.
BlackRock Bets on ETH – Despite Negative Market Sentiment
While retail investors are withdrawing capital, BlackRock continues to expand its ETH position. The company now holds Ethereum worth USD 1.8 billion. Data shows that BlackRock has been steadily accumulating ETH throughout 2024.
This strategy underscores long-term confidence in Ethereum – particularly in regard to smart contracts, DeFi (decentralized finance applications), and the ongoing technological development of the network.
Ripple on the Rise: Forecast Sees XRP Ahead of Ethereum
At the same time, a forecast by Standard Chartered is making waves: the financial institution believes Ripple (XRP) could surpass Ethereum in market value by 2028. Geoffrey Kendrick, Head of Digital Asset Research, sees XRP as potentially the second-largest cryptocurrency after Bitcoin – at least among non-stablecoins.
This outlook is based on Ripple’s increasing adoption in international payments and regulatory progress. As a result, an exciting race for the number two spot in the crypto market is emerging.
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Technical Analysis: ETH Remains Weak
At the time of writing, ETH was trading at USD 1,603 – a 2.47% drop within a day. The Relative Strength Index (RSI) stands at 39, indicating an oversold condition, but not yet a clear trend reversal.
The MACD (Moving Average Convergence Divergence) also shows a bearish tendency, although the lines are converging – a possible sign of impending stabilization. In the short term, ETH may face resistance at USD 1,800. A drop below USD 1,550, on the other hand, could trigger further selling pressure.
Our Assessment
The gap between short-term investor behaviour and long-term institutional strategy in Ethereum is clear. While ETF outflows point to uncertainty, BlackRock’s commitment signals confidence in ETH’s future.
At the same time, Ripple is gaining traction. Standard Chartered’s forecast brings new momentum to the discussion about crypto market rankings. Whether XRP can truly overtake ETH will depend on regulatory developments, partnerships, and market adoption.
For you as an investor or crypto enthusiast, this means: keep a close eye on both projects. The coming years could be decisive – not just for ETH and XRP, but for the entire structure of the crypto market.
Sources
- Standard Chartered Research
- TradingView
- SoSoValue
- BlackRock Portfolio Reports
| Symbol | ETH |
| Coin type | Alt Coin |
| Transaction Speed | Medium |
| Pros |
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| Cons |
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| Further practical applications | |
| Price | $1,617.29 |
| 24h % | -1.63 % |
| 7d % | 8.78 % |
| 30d % | -15.38 % |
| 60d % | -41.23 % |
| 1y % | -48.56 % |
| Market Cap | $195,485,424,859.00 |
| Official Links | Website | Source Code |
| Socials | Reddit | X |
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