XRP ETFs Lead Market Inflows with $89.65 Million on December 1

The demand for spot XRP ETFs remains strong, with significant net inflows surpassing those of Bitcoin and Ethereum counterparts. On December 1, XRP ETFs saw $89.65 million in net inflows, bringing the total to $756.26 million since their launch. This positions Ripple's products as the best performers in the digital asset ETF sector.

Spot XRP ETFs Performance

  • Canary Capital's XRPC had the highest inflows among newly launched XRP ETFs.
  • XRP ETFs have consistently recorded positive inflows since November 13.
  • Key inflow dates include November 14 ($243.05 million), November 24 ($164.04 million), and November 20 ($118.15 million).
  • Bitcoin ETFs also saw gains but at a modest $8.48 million.
  • Ethereum ETFs experienced $79 million in outflows; Solana products saw $13.55 million in withdrawals.

Vanguard will allow spot XRP ETFs trading on its platform, alongside BTC and ETH ETFs, available to 50 brokerage clients.

XRP Price Outlook

The XRP price is down 20% this month amidst broader market corrections, finding support at $2.0. Analysts suggest:

  • A multi-year support confluence exists between $1.80 and $2.00.
  • A weekly close below $1.80 could indicate further bearish movement.
  • EGRAG Crypto hints at a potential major upside based on current chart patterns.

SUBBD Platform Developments

Subbd, a tokenized fan-economy platform, is attracting attention by enhancing creator-audience engagement. Over 2,000 creators with a combined following of 250 million have joined, using Subbd’s native token for transactions. This model allows higher revenue retention compared to traditional methods.