crypto.news
U.S.-based spot $XRP exchange-traded funds are surging, recording 13 consecutive days of net inflows and nearing the $1 billion mark in less than a month.
- $XRP ETFs made a strong debut, following trends seen across other crypto ETFs.
- Investors are seemingly curious about diversifying beyond established crypto leaders.
- $XRP ETFs appear poised to cross the $1 billion milestone imminently.
Since launching on Nov. 14, spot $XRP ETFs have attracted steady investment, according to CoinDesk. These funds drew $50.27 million in net new capital on Wednesday alone.
That brings cumulative net inflows to $874.28 million, with a total trading volume of $31.53 million for the day, according to data from SoSo Value.
The ETF inflow streak positions $XRP among the fastest-growing crypto-asset vehicles, highlighting growing liquidity and acceptance in traditional markets.
Why it matters
$XRP’s strong debut follows trends seen across other crypto ETFs. Spot Solana ETFs have accumulated more than $600 million since their recent launch, despite occasional outflows.
Meanwhile, the far older spot Bitcoin and Ether ETFs continue to dominate, with BTC funds drawing nearly $58 billion and ETH vehicles $13 billion in total assets under management, according to Farside data.
The robust performance of $XRP ETFs demonstrates that investors are willing to diversify beyond established crypto leaders, and may signal further interest in newer digital assets within traditional investment frameworks.
As inflows continue, $XRP ETFs appear poised to cross the $1 billion milestone imminently, cementing their status as one of the fastest-growing crypto-asset instruments in U.S. markets.