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XRP spot ETFs attract about $1bn in a month

XRP ETFs See $1 Billion Inflows in One Month

Spot XRP ETFs have logged 30 straight days of inflows, pulling in $990m since mid-November.

Since their mid-November launch, spot XRPETFs have recorded net inflows for 30 consecutive days. Over the month, the funds drew $990m, according to SoSoValue. 

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Net flows of spot XRP ETFs. Source: SoSoValue

The segment comprises five products from Canary (XRPC), 21Shares (TOXR), Grayscale (GXRP), Bitwise (XRP) and Franklin Templeton (XRPZ). They manage $1.1bn in assets — 0.98% of Ripple’s total supply. 

Ripple chief executive Brad Garlinghouse noted that the funds based on the asset reached $1bn in AUM in under four weeks. That was the second-fastest result after the launch of ETH ETFs in the US.

On 12 December, trading volume in the segment totalled $29.2m. 

XRPC leads with $374m. GXRP, XRP and XRPZ have taken in $218m, $212m and $184m, respectively. 

XRP ETF flows contrast with those around bitcoin and Ethereum funds. In November, bitcoin products lost $3.4bn in total, and since the start of December have attracted only $198m. 

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Net flows of spot bitcoin ETFs. Source: SoSoValue

Ethereum-focused instruments lost $1.4bn last month. As of 12 December they had brought in $143m. 

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Net flows of spot Ethereum ETFs. Source: SoSoValue

Spot Solana ETFs have also seen softer demand. Since launching in late October they have attracted $674m and logged several days of net outflows. 

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Net flows of spot Solana ETFs. Source: SoSoValue

XRP price action 

Over the past month, Ripple’s cryptocurrency has fallen 12.3%. At the time of writing the asset trades around $2 — near a key resistance level.

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Hourly chart of XRP/USDT on Binance. Source: TradingView

A trader using the handle Noman__peerzada described the current phase as a “bearish consolidation”. For now, sellers remain in control. 

In his view, the bearish scenario remains in play until the $2.15–$2.20 resistance zone is breached. A close above $2.20 would invalidate it. 

Another trader, Ace of Trades, said the key barrier is $2–$2.01, where significant liquidity is concentrated. Repeated absorption of buy orders at this level has made it strong resistance. 

A sustained break above $2 is needed to reverse the trend, he said. 

Earlier, Santiment analysts pointed to rising bullish sentiment around XRP on social media. 

In December, European AMINA Bank integrated Ripple’s payment solution. At the same time, the fintech company received conditional approval to establish a national trust bank. 

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