XRP Spot ETFs Lead Inflows, Surpass Bitcoin and Ethereum Funds
Spot ETFs tracking XRP have drawn dominant net inflows since mid-November, outpacing Bitcoin and Ethereum-focused funds. Canary Capital’s XRPC remains the market leader by cumulative inflows after the first US 100% XRP spot ETF launches; four spot XRP products (XRPC, Bitwise, Grayscale’s GXRP, Franklin Templeton’s XRPZ) attracted $89.65 million on Dec 1, taking total inflows to $756.26 million since XRPC’s debut. Bitcoin ETFs added a modest $8.48 million that day, while Ethereum funds recorded about $79 million in outflows and SOL-focused ETFs lost $13.55 million. DOGE spot ETFs saw zero activity for a second straight day. XRP ETFs have not posted a daily net outflow since Nov 13, with peak daily inflows of $243.05M (Nov 14), $164.04M (Nov 24) and $118.15M (Nov 20). Despite strong ETF demand, XRP price has lagged—down 8% weekly, briefly dropping below $2 and turning negative YTD—though analysts point to defended supports near $1.75–$2.00 and remain optimistic on potential further rallies. Key trading keywords: XRP ETF, spot XRP ETFs, XRPC, GXRP, inflows, Bitcoin ETF, Ethereum outflows.
Bullish
Large, sustained inflows into XRP spot ETFs indicate strong institutional and retail allocation to XRP via regulated products, which typically supports on-chain demand and secondary market liquidity. The $756.26M cumulative inflow since XRPC’s debut — and consecutive days without net outflows — signal persistent investor interest. Historically, substantial ETF inflows can precede price appreciation as investors accumulate through regulated wrappers (see early Bitcoin ETF inflow-driven rallies). However, the price lag (XRP down 8% weekly and YTD) shows the inflows haven’t fully translated into spot price strength yet, possibly due to profit-taking, broader market conditions, or liquidity dispersion across multiple ETF products. Short-term: expect elevated volatility—price may remain rangebound until ETF flows either accelerate further or slow; intraday spikes possible on large subscriptions/allocations. Medium-to-long term: continued inflows and adoption of spot XRP ETFs increase the probability of upward price pressure as ETFs concentrate buying power and reduce sell-side resistance. Traders should watch daily ETF net flows, XRPC market share, and key support levels ($1.75–$2.00). Risk factors: macro downturns, regulatory news, or sudden outflows could reverse the bullish setup.