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Spot XRP ETFs Extend 29-Day Inflow Streak Despite December Selloff

Cointelegraph
Spot XRP ETFs saw 29 consecutive days of inflows in December, totaling $8.44 million on Dec. 29, contrasting with outflows from BTC and ETH ETFs.

Summary

Spot XRP exchange-traded funds (ETFs) in the U.S. maintained a 29-day streak of net inflows throughout December, accumulating $8.44 million on December 29th, bringing total inflows since launch to approximately $1.15 billion. An expert suggested these inflows are driven by regulatory clarity and XRP's differentiated cross-border settlement use case attracting long-term capital. This performance stood in stark contrast to Spot Bitcoin (BTC) and Ether (ETH) ETFs, which experienced significant net outflows during the month, shedding over $1.1 billion and $612 million, respectively, due to market volatility and year-end repositioning. While institutional flows into BTC and ETH ETFs showed muted participation according to one report, an analyst noted that outflows during the Christmas period are typical due to holiday positioning and thin liquidity, expecting flows to normalize in early January.

(Source:Cointelegraph)