Meanwhile, the price of the underlying asset is stuck at $2.15.
Less than a month after the successful launch of the first US-based Spot XRP ETF with 100% exposure to Ripple’s tokens, followed by the release of three more similar instruments, total net inflows increased to nearly $900 million.
What is particularly impressive in this case is the fact that all trading days since November 13th remain in the green.
XRP ETF streak continues
Recall that Canary Capital’s XRPC first saw the light of day in mid-November, breaking the record for the highest trading volume at the time of its debut. Since then, Bitwise’s XRP, Grayscale’s GXRP, and Franklin Templeton’s XRPZ have followed suit, with 21Shares planning to launch its own product soon.
All 13 trading days since then have been in the green, according to SoSoValue data. This record was set on the first day with $243.05 million flowing into XRPC, with the most modest inflow of $8.32 million recorded on November 18th.
In the first three days of December alone, $89.65 million was raised on Monday, $67.74 million on Tuesday, and $50.27 million on Wednesday, bringing the total for the month to $207.66 million. Overall net inflows since November 13th have been $874.28 million.
Perhaps even more bullish for the No. 3 non-stablecoin cryptocurrency is the fact that its ETF has outperformed all other major digital asset funds since its inception. Since November 13, when XRPC hit the US market, both the Bitcoin and Ethereum funds have been in the red.
XRP is struggling
Apart from the growing demand for spot XRP ETFs in the US, the company behind the token has made some big moves over the past year, which is at an all-time high. But that didn’t really help the underlying asset perform as expected.
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In fact, XRP is still falling since the beginning of the year. It started 2025 at $2.32 but is now at $2.15 after being rejected at $2.20 earlier this week. Nevertheless, analysts remain bullish on future price trends, suggesting that the first major resistance level at $2.28 could be regained and a breakout above $2.75 could occur soon. But for now, XRP remains down more than 40% from its all-time high of $3.65 hit in mid-July.
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