US-listed spot XRP ETFs have compiled a streak that is hard to ignore: 19 straight trading days of net inflows, with no longer-term outflow sessions, according to daily flow data compiled by Sosovalue.
The numbers add up quickly. As of December 12, cumulative net flows reached $974.50 million, while total net assets across products were approximately $1.18 billion.
XRP ETFs record 19 days of live trading flows
the The first days she did most of the heavy lifting. The Sosovalue table shows $243.05 million in net inflows on November 14, then another increase on November 24 ($164.04 million). There were also big additions on November 20 ($118.15 million) and December 1 ($89.65 million). Even as the pace slowed, flows remained unchanged – in December. 8 posted $38.04 million, and December 12 added another $20.17 million.
On X, Founder and CEO of Bitmern Mining, Giannis Andreou Framed it Frankly speaking today: “19 consecutive trading days of inflows. Zero outflow days. Nearly $1 billion in net capital added.” He called this “sustainable institutional mode,” not retail froth.
The “institutional giving” angle also appears in asset rankings. In a post dated December 13, Stephen McClurg, CEO of Canary Capital said He pointed out A separate snapshot of the US cryptocurrency ETP landscape shows XRP products now outperforming Solana by total assets under management.
Bloomberg Intelligence data in the chart puts XRP ETP assets at around $1.638 billion, just ahead of Solana at $1.566 billion, in a market where Bitcoin still outperforms all at $125.425 billion, and Ethereum holds steady at $22.019 billion.
McClurg’s explanation for this reversal had less to do with Solana’s poor performance than with where each asset “fits” into the pooled trade.
“SOL ETFs were launched before XRP, but XRP ETFs have now surpassed SOL in total assets under management. I expected this“, McClurg wrote, adding that “SOL is more efficient to hold on-chain and share directly to the retail audience, while XRP has more institutional demand and no stakes.” As with everything, there will be an audience that prefers direct ownership, and an audience that prefers the ease of financial instruments. Some will do both.”
Notably, from December 8 to 12, spot Bitcoin ETFs recorded net inflows of $287 million for the week, while Ethereum ETFs saw weekly net inflows of $209 million. SOL ETFs recorded net inflows of $33.6 million.
At the time of writing, the price of XRP has once again fallen below the $2 level. The token was trading at $1.98 and thus at a major support area. A drop below the red support band may strengthen the bearish case for a deeper breakdown to the 100-week or even 200-week Exponential Moving Average (EMA). XRP visited last during the October 10 crash.
Featured image created with DALL.E, a chart from TradingView.com
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