$1.13B Flows into XRP Spot ETFs, But XRP Price Remains Soft
Five US-listed spot XRP ETFs from Canary, 21Shares, Grayscale, Bitwise and Franklin Templeton have recorded uninterrupted daily net inflows since their November 13 launch, amassing about $1.13 billion in cumulative inflows and roughly $1.125 billion in combined assets as of Dec 23. Franklin Templeton’s fund is a major holder (≈101.55M XRP, ~ $193m). The inflow streak reached 33 trading days and included a $43.9m single-day intake on Dec 22 — the largest daily inflow in the period. Despite steady institutional accumulation, XRP’s spot price has lagged, trading around $1.84 (≈1.7% 24h decline; ~10.6% month-to-date drop). Social metrics (Santiment) show unusually high negative sentiment toward XRP; historically, extreme retail FUD has sometimes preceded sharp rallies. Analysts note a rotation of capital from some BTC/ETH ETFs into XRP ETFs, suggesting shifting institutional interest, but also warn of weak short-term price action and technical risks (e.g., double-top patterns). For traders: persistent institutional inflows supply a bullish underpinning for XRP’s longer-term outlook, but the current negative price momentum and elevated retail pessimism increase short-term volatility and downside risk. Watch ETF flow data, on-chain transfers into/out of custody, short interest, and key technical levels for trade signals.
Bullish
The net effect of continuous, multi-provider ETF inflows is a bullish fundamental signal for XRP because it represents steady institutional accumulation and increased demand elasticity via regulated ETF wrappers. The 33-day streak and sizeable cumulative inflows (~$1.13B) reduce available free float for trading and create a structural bid under the market. Franklin Templeton’s large holding further substantiates institutional participation. However, short-term price action is weak — falling prices, elevated negative social sentiment, and technical risks (possible double-top) increase the probability of near-term volatility and pullbacks. Therefore, the medium-to-long-term bias is bullish given ongoing ETF buying, but traders should expect short-term choppiness and manage risk: monitor daily ETF flows, custody inflows/outflows, short interest, and technical support/resistance. Position sizing, staggered entries, and stop management are prudent until price confirms a trend reversal.