More than a month has passed since the first US exchange-traded fund (ETF) offering direct access to XRP became available, and the initial results are remarkable.
While the amount of money coming in has decreased slightly recently, the trend of positive inflows continues. Additionally, XRP ETFs are currently outperforming ETFs based on Bitcoin, Ethereum, and Solana.
Streak Endures
Canary Capital’s XRPC, launched on November 13th, quickly surpassed expected trading levels, reaching almost $60 million – a volume previously projected for 2025. Daily investments into the fund exceeded $240 million. Since then, four additional XRP ETFs have been introduced, and SoSoValue reports that total net inflows for all five funds have climbed to over $1 billion.
Perhaps most notably, the fund hasn’t experienced any days with more money leaving than entering. Even on slower days with inflows under $10 million, this positive trend has continued for over a month since the fund’s launch. This is a better start than either the Bitcoin or Ethereum ETFs had following their launches in January and July 2024.
Ethereum ETFs have seen nearly $1 billion flow out since November 13th. While they initially attracted $13.57 billion, that number has decreased to $12.64 billion by December 16th. Bitcoin ETFs have experienced even larger outflows, dropping from $60.21 billion on November 13th to $57.27 billion by yesterday’s market close.
XRP ETFs have gained about $1 billion in investments, but Ethereum ETFs have lost nearly that same amount. Bitcoin funds have experienced even larger outflows, losing around $3 billion.
XRP Still Struggles, Though
Looking at how the new spot XRP ETFs have performed in their first month, there’s a noticeable difference between how much money has flowed into them and how the price of XRP itself has moved. XRP, Ripple’s token used for international payments, initially traded above $2.50 when these ETFs launched.
The price quickly began to fall in the days that followed, dropping below $2.00 multiple times, including just yesterday. While the broader market downturn likely contributed to these losses, the actions of large investors—often called ‘whales’—also seem to have played a role.
According to recent reports from Ali Martinez, major players in the market have sold off nearly 1.2 billion tokens over the past four weeks. This selling pressure caused XRP to fall below its $1.92 support level, and the analyst believes this could lead to a significant price drop, potentially down to $1.00.
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2025-12-17 15:18