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Ethereum stablecoin supply tops $180B as XRP-focused ETFs capture $224M in weekly fund flows amid ETH outflows

Ethereum stablecoin supply hit a record while institutional ETF flows last week favored XRP, amid weak public crypto fundraising.

42h agoApr 7, 2026, 4:08 PMNewsroom AI

Ethereum-based stablecoin supply reached $180 billion — a roughly 150% increase over three years — representing about 60% of the stablecoin market, according to reporting that also cites Token Terminal projections of up to $850 billion in Ethereum inflows by 2030 even if its market share falls to 50%; the same report notes public crypto fundraising plunged 93% in eight months from $698 million in June 2025 to $46.8 million in February 2026 [1].

Digital asset funds posted $224 million in weekly inflows, with XRP capturing the largest share — about 53% of flows, or roughly $119 million — while Bitcoin also saw notable inflows; multiple outlets reported XRP-led ETF demand outpacing Bitcoin during the rebound in fund flows [2] [3] [4].

Reports flagged continued outflows for Ethereum-linked products, including a reported $52 million withdrawal amid policy concerns, and noted geographic concentration in flows (with Swiss-listed products prominent) as American investor appetite weakened [3] [1] [5].

Taken together, the data show accelerating stablecoin growth on Ethereum alongside a short-term shift of institutional ETF inflows toward XRP, while traditional public crypto fundraising remains subdued [1] [2] [3].

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