Despite a seemingly flat spot price for XRP, a profound shift is unfolding beneath the market's surface: U.S.-listed XRP Spot Exchange-Traded Funds (ETFs) are experiencing an unprecedented surge in institutional capital. This sustained influx highlights a significant and consistent accumulation trend by major players, signaling a long-term commitment to the digital asset.
XRP ETFs: Nearing a Billion-Dollar Milestone of Persistent Inflows
XRP Spot ETFs have clocked an astonishing 19 consecutive days of positive inflows, amassing a cumulative total of nearly $1 billion. This robust accumulation, exemplified by a recent $20.17 million daily injection, points to clear institutional interest. On December 12th, Franklin’s XRP ETF (XRPZ) led the way with $8.7 million, closely followed by Bitwise’s XRP ETF and Canary’s XRPC ETF, which attracted $7.85 million and $3.62 million respectively. The enduring stickiness of existing assets in funds from major players like Grayscale and 21Shares further underscores that this capital is positioning for the long haul, rather than short-term rotation.
A Striking Contrast to Other Altcoin ETF Performances
The consistent strength of XRP ETF inflows sharply contrasts with the mixed performance of other regulated crypto products. While Solana [SOL] ETFs saw modest interest, the Ethereum [ETH] ETF market recorded a significant $19.4 million in outflows on the same day. Even more pronounced is the struggle of Dogecoin [DOGE] ETFs from Bitwise and Grayscale, which have suffered from a concerning absence of new fund inflows and a dramatic contraction in trading volume, failing to sustain initial investor enthusiasm. This significant divergence suggests that the institutional capital flowing into XRP ETFs is not primarily designed to trigger an immediate, speculative price spike. Instead, the data indicates a strategic effort to establish a high structural price floor for XRP. The current disconnect between aggressive ETF accumulation and the lagging spot price signals that while long-term investment is entering the market, short-term selling pressures are momentarily delaying a visible price impact, setting the stage for future stability rather than rapid appreciation.
