Meanwhile, the underlying asset’s price stands still at $2.15.
Less than a month after the successful launch of the first US-based spot XRP ETF with 100% exposure to Ripple’s token and the subsequent release of three more such financial vehicles, the total amount of net inflows has risen to almost $900 million.
What’s particularly impressive in this case is the fact that all trading days since November 13 have been in the green.
XRP ETF Streak Continues
Recall that Canary Capital’s XRPC was the first to see the light of day in mid-November, and it broke the record for the highest trading volumes during its debut. Since then, Bitwise’s XRP, Grayscale’s GXRP, and Franklin Templeton’s XRPZ followed suit, while 21Shares is expected to launch its own product soon.
Data from SoSoValue shows that the 13 trading days since then have all been in the green. The record was set on day one when $243.05 million entered XRPC, while November 18 saw the most modest inflows of $8.32 million.
In the first three days of December alone, the funds have attracted $89.65 million on Monday, $67.74 million on Tuesday, and $50.27 million on Wednesday, bringing the total for the month to $207.66 million. The overall net inflows since November 13 stand at $874.28 million.
What’s perhaps even more bullish for the third-largest non-stablecoin cryptocurrency is the fact that its ETFs have outperformed all other major digital asset funds since their inception. Both the Bitcoin and Ethereum funds are deep in the red since November 13, when XRPC hit the US markets.
XRP Struggles, Though
Aside from the growing demand for the spot XRP ETFs in the US, the company behind the token has also made several big moves in the past year, which have become its best on record. However, that hasn’t really helped the underlying asset to perform as expected.
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In fact, XRP is still down YTD. It entered 2025 at $2.32 but now sits at $2.15 after it was rejected at $2.20 earlier this week. Nevertheless, analysts remain bullish on its future price performance, suggesting that it could soon break out to $2.75 if it reclaims the first key resistance level at $2.28. For now, though, XRP remains over 40% down from its all-time high of $3.65 registered in mid-July.
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