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Cardano Leads, XRP Slips as Crypto ETFs Near $1B Weekly Inflows

Cardano Leads, XRP Slips as Crypto ETFs Near $1B Weekly Inflows

Cardano was the top performer among the ten largest cryptocurrencies on August 7, while Ripple's XRP posted the deepest losses of the group. The mixed session came as crypto exchange-traded funds closed in on $1 billion in weekly inflows.

ADA leads the majors

Cardano outpaced every other coin in the top ten by market cap on Friday. The gain put ADA at the head of a group that spent the day split between winners and losers, with the broader market showing no single direction.

Most of the rest of the top ten traded in a tighter range, with some assets closing higher and others in the red. ADA's move stood out precisely because the rest of the pack didn't follow.

XRP's rough session

On the other side of the ledger, XRP was the worst performer among the ten largest cryptocurrencies on August 7. The token's slide was the sharpest of the group, a clear contrast to Cardano's gains.

The drop leaves XRP as the day's clear laggard, though the broader market's mixed tone means the loss came alongside a number of coins that managed to hold ground.

ETF flows keep building

The price action didn't slow the money moving into crypto ETFs. Weekly inflows were approaching $1 billion as of August 7, a sign that fund demand remains steady even as spot prices chop around.

The sustained pace suggests investors are treating the funds as a separate bet from day-to-day price swings — one that keeps growing regardless of which coins are up or down on any given session.

The number to watch now is whether the inflow figure crosses the $1 billion mark before the week closes. If it does, it'll be another signal that the fund channel is pulling in money at a pace the spot market isn't matching.