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XRP ETFs Top $1 Billion in Assets as Steady Inflows Set Stage for $10 Billion Boom

BeInCrypto
Spot XRP ETFs have surpassed $1 billion in net assets, with analysts projecting potential inflows exceeding $10 billion by 2026.

Summary

Spot XRP exchange-traded funds (ETFs) have achieved a significant milestone, surpassing $1 billion in net assets, with cumulative inflows reaching $990.9 million. Analysts, like Steven McClurg of Canary Capital, note that XRP ETFs have now overtaken Solana ETFs in total Assets Under Management (AUM), suggesting strong institutional demand despite XRP lacking a staking mechanism. Currently, five asset managers, including Grayscale and Franklin Templeton, offer these products, which have removed regulatory barriers for wider investment. Market analysts remain optimistic, suggesting that if weekly inflows maintain a pace near $200 million, cumulative inflows could exceed $10 billion by 2026, potentially causing a supply shock. However, despite this strong ETF performance, XRP's price has remained subdued, declining nearly 13% over the past month. Some analysts believe that the active buying by large holders, or 'whales,' during this price dip indicates they are accumulating positions ahead of a potential trend reversal.

(Source:BeInCrypto)