Institutional investors appear to be getting choosier, and Bitcoin and XRP seem to be reaping the benefits the most. According to recent data on ETF flow, Bitcoin saw net inflows of $32 million, while XRP managed to see a further $585K worth of inflows. Surprisingly enough, the coefficient of correlation between Bitcoin and XRP is equal to 0.30. If ETF inflows remain positive while whale-sized transactions continue increasing, buyers may have a stronger foundation for another attempt at that level. Meanwhile, XRP could also benefit from improving institutional sentiment, particularly as investors continue looking beyond Bitcoin for regulated crypto exposure.