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U.S. Spot XRP ETFs Become Fastest Growing in the Market Nearing $1B in 12 Days

CoinDesk
U.S. spot XRP ETFs achieved 12 consecutive days of inflows, totaling $844.9 million and nearing the $1 billion asset milestone.

Summary

U.S. spot XRP exchange-traded funds (ETFs) have demonstrated exceptional performance, marking twelve straight days of net inflows totaling $844.9 million as of December 2nd, according to SoSo data. This sustained capital accumulation establishes spot XRP ETFs as the fastest-growing class of major crypto-asset vehicles, rapidly approaching the $1 billion asset milestone, which analysts view as crucial for long-term institutional adoption.

These products debuted on November 13th and saw strong momentum, including $89.65 million in inflows on Monday. The success of XRP ETFs signals a significant expansion of regulated crypto exposure beyond established products like Bitcoin and Ether ETFs. Major Wall Street firms, including Fidelity, Invesco, and Franklin Templeton, have also filed to list spot XRP ETFs.

While XRP ETFs show impressive growth, they operate in a competitive landscape; for comparison, spot Solana ETFs saw a net inflow of $45.7 million on the same day. Meanwhile, the much larger spot Bitcoin ETFs hold $57.7 billion, and Ether ETFs hold $12.8 billion.

(Source:CoinDesk)