Investor sentiment toward XRP is rising, while bitcoin and ether have plunged, blockchain media outlet Cryptopolitan reported on Wednesday.

Santiment data showed investor sentiment toward bitcoin and ether turned sharply negative, while XRP rose and remained the only major cryptocurrency to keep positive sentiment. Santiment said, "When small traders fall into fear, that is usually the point of a rebound." It also mentioned the current decline could instead trigger a short-term rally.

On Tuesday, the spot bitcoin exchange-traded fund (ETF) market recorded a large loss as $171.5 million flowed out in a single day. Fidelity's FBTC saw $86.44 million withdrawn, marking its biggest daily outflow. Grayscale's GBTC posted outflows of $41.77 million, and ARKB saw $31.72 million leave.

The value of bitcoin ETF trading reached $7.14 billion on the day, but all ETFs recorded losses, including a 4.03 percent drop in FBTC. The ether ETF market also recorded $20.53 million in outflows, with Fidelity's FETH the only one to post a loss. Trading value reached $2.27 billion, but all ether ETFs fell 5.60 to 5.80 percent.

XRP ETFs, by contrast, are continuing to rise. Inflows totaled $4.83 million in a single day on Tuesday, taking cumulative inflows to $1.21 billion. Franklin's XRPZ drew $2.51 million, Bitwise's XRP ETF took in $1.72 million, and 21Shares' TOXR added $600,000. Strong buying also continued in the XRP options market.

Binance data showed call options accounted for 86.87 percent of total open interest, while put options were only 13.13 percent. The five contracts with the largest open interest in the XRP options market were all call options expiring on Thursday, with strike prices set at $1.70 to $2.15. The $1.70 call option was the largest, with more than 42,000 contracts.

While XRP is maintaining its rise and drawing market attention, bitcoin and ether are falling as investor anxiety spreads, the outlet reported. It said XRP is also staying strong in the ETF market with inflows, but bitcoin and ether are struggling to find signs of a short-term rebound amid large outflows.