Now that Ripple has triumphed over the SEC in court, major players are eager to get their hands on XRP. According to recent data, institutions have been getting exposed to cryptocurrencies at a steady pace, as reflected in the Digital Asset Fund Flows Report.

Institutional XRP holdings are increasing rapidly

In the days following Ripple’s partial victory in the SEC lawsuit, XRP’s trading volume and price surged as crypto traders flocked to cryptocurrencies in anticipation of a continued bull run. However, Coinmarketcap’s price indicators show that optimism has faded, with XRP currently down 13.39% on a monthly basis. On-chain data also shows that whales are dumping tokens for profit, increasing selling pressure on the token.

On the other hand, the tide is turning for the once-struggling cryptocurrency among institutional investors as inflows into XRP digital asset funds have steadily increased. According to CoinShares’ weekly report on digital asset fund flows, XRP saw inflows of $500,000 last week.

XRP has continued to flow into cryptocurrency investment funds over the past 16 weeks, accounting for 12% of all digital assets under management. Overall, XRP assets under management have grown 127% since the beginning of the year, outpacing the growth of other popular altcoins such as Polygon and Cardano.

Investor sentiment toward cryptocurrency funds is growing

Overall, investor sentiment in cryptocurrency funds has turned positive. Digital asset investment products saw outflows in the first week of the month, as investors took profits in recent weeks. Outflows from Bitcoin alone totaled $111 million, the most since March. However, XRP did see inflows of $500,000 during the period.

The latest report shows that digital asset investment products have inflows of $29 million for the week. Bitcoin will also return to the main focus, with an inflow of $27 million after an outflow of $144 million in the first three weeks.

With recent inflows, institutional investors are demonstrating their confidence in XRP’s future by increasing their holdings of the asset. In July, many digital asset funds saw a 57% increase in XRP exchange-traded products (ETPs). For example, Fineqia’s XRP AUM increased from $49 million to $76.8 million.

The token’s price has appeared to lose momentum in recent weeks, much like the rest of the cryptocurrency market. As of this writing, XRP is down 0.60% over the past 24 hours and is trading at 0.625. Even so, sentiment surrounding XRP is decidedly more bullish as investors await a final decision in the Ripple-SEC lawsuit.