Tahiti vs Cook Islands is the odd label on a story with a hard market edge: XRP is trading at $1.02 after falling 25.3% in the last 30 days. Sam Daodu edited the piece, which asks whether XRP can ever narrow the gap with Bitcoin while investors watch price, supply, and ETF flows.
Bitcoin’s market value is about 22 times XRP’s. XRP stands at about $64.6 billion, while Bitcoin is about $1.43 trillion. That spread is larger than the short-term move alone suggests, because XRP is also 72% below its all-time high of $3.65 from July 2025 and trades below its 20-day, 50-day, and 200-day moving averages.
Bitcoin and XRP over ten years
XRP has already beaten Bitcoin’s return over the past ten years, gaining about 12,868% versus Bitcoin’s 10,347%. Over the past five years, the picture has flipped: XRP is down 12% while Bitcoin is up 14.2%. Over the last year, XRP fell 57.3% and Bitcoin is up 29.8%.
That mix makes the comparison harder than a simple price chart. XRP is built to move money quickly between banks and payment companies as a bridge currency, while Bitcoin is often treated as a store of value. Investors comparing XRP and Bitcoin are not comparing identical assets, even when the market keeps putting them side by side.
Spot XRP ETFs and Bitcoin ETFs
Spot XRP ETFs had taken in $1.79 billion in total net inflows by November 11, 2026, with about $1.19 billion in net assets. Those funds also saw outflows of $10.4 million on November 9 and $7.6 million on November 10. U.S. spot Bitcoin ETFs held about $93.7 billion in net assets and about $55.1 billion in total inflows by November 11, and they had a $299.9 million outflow that day.
The scale gap is just as stark in the fund market: U.S. spot Bitcoin ETFs held roughly 79 times more net assets than the XRP funds. XRP’s maximum supply is 100 billion coins, which would be worth about $102 billion at the current price, while Bitcoin’s supply is capped at 21 million coins and would be worth about $1.5 trillion at the current price if all 21 million coins were priced there.
Ripple, RLUSD, and what comes next
Much of Ripple’s share of XRP is locked in escrow and released every month, so supply can expand over time even as Bitcoin’s cap stays fixed. That structure matters because XRP’s market value would need much more than a price rebound to approach Bitcoin’s size. The gap is not just about a higher quote; it is also about how much of each asset can exist and how much capital has already flowed into each market.
On November 12, DriveWealth’s CEO said in an interview with Thinking Crypto that the firm plans to use Ripple’s RLUSD stablecoin. For investors in XRP and Bitcoin, the next practical question is whether XRP ETF inflows can keep offsetting price weakness after the recent outflows, or whether the market keeps leaning toward Bitcoin’s larger base and stronger recent run.
