XRP ETFs Record $43.9 Million Daily Inflow, Total Reaches $1.12 Billion

Spot XRP ETF products have seen significant inflows, surprising the broader cryptocurrency market as other altcoin funds struggle.

XRP ETFs Outperform Counterparts

On December 22, US XRP ETFs recorded $43.9 million in net inflows, their strongest daily performance since early December.
The previous week saw $82 million in net inflows for these ETFs.
Bitcoin and Ethereum ETFs experienced outflows during this period.
XRP ETFs, including those from Canary Capital, Bitwise Asset Management, Grayscale Investments, Franklin Templeton, and 21Shares, have not had a single day of net outflows.
Cumulative net inflows have reached approximately $1.12 billion, according to SoSoValue data.
XRP ETF inflows are consistent, unlike the rapid rotations typical in crypto funds.

XRP is trading at $1.90 with a 1.26% dip in the last 24 hours, maintaining a market cap of $115.12 billion as the fifth-largest crypto.
Its 24-hour trading volume is about 12% higher.
A double-top pattern spotted by trader Peter Brandt suggests a potential 50% drop to $1 if bearish trends persist.