XRP Spot ETFs Record First Zero Net Inflow — Short-Term Pause, Not Loss of Confidence
XRP spot ETFs posted their first day of zero net inflows on December 26, interrupting a prior run of steady daily capital entering the products. Cumulative net inflows across XRP spot ETFs remain about $1.14 billion and total net assets sit near $1.24 billion. Daily trading volume held at roughly $16.61 million and XRP traded around $1.85 during the session. Canary’s XRPC led provider net assets at $325.93 million, followed by 21Shares ($250.68M), Bitwise ($227.15M), Grayscale ($225.11M) and Franklin Templeton ($206.90M). Most ETFs finished the day positive despite flat flows, which analysts interpret as short-term consolidation rather than waning investor conviction. Continued institutional interest in spot crypto ETFs — especially Bitcoin ETFs — is cited as ongoing support. For traders, the halt may slow momentum in the near term but does not appear to undermine longer-term demand for XRP ETFs; watch daily flows, ETF AUM rankings, and XRP spot liquidity for signals of renewed inflows or broader market rotation.
Neutral
The pause in net inflows is interpreted as a short-term consolidation rather than a loss of confidence. Key fundamentals — cumulative net inflows (~$1.14B), total ETF assets (~$1.24B), continued trading volume (~$16.6M) and most funds closing positive — point to stable demand and price support. Institutional appetite for spot crypto ETFs, particularly Bitcoin ETFs, provides cross-market support that can sustain interest in XRP products. Near-term effects: reduced momentum and potential sideways price action as traders await fresh inflows or macro triggers. Indicators to monitor include daily ETF flows, changes in provider AUM rankings (which signal allocation shifts), spot liquidity/depth for XRP, and broader crypto ETF flows (e.g., BTC ETFs) that may reallocate capital. Longer-term: absent adverse regulatory or liquidity shocks, a single day of zero net inflows is unlikely to materially change investor conviction; inflows may resume once consolidation resolves. Taken together, these factors justify a neutral price-impact classification for XRP itself.