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The US Spot XRP ETF has surpassed $1 billion in cumulative net inflows since its launch in November.

9 hours ago

December 16: The U.S. spot XRP ETF has posted cumulative net inflows exceeding $1 billion since its November launch, marking a key milestone for altcoin ETFs. Data shows the fund recorded a single-day net inflow of $10.89 million on Monday, with products from Canary, Grayscale, and Franklin Templeton all seeing inflows. Kronos Research Chief Investment Officer Vincent Liu noted the XRP ETF’s asset size topping $1 billion reflects growing institutional investor interest in assets outside Bitcoin (BTC) and Ethereum (ETH) that have regulatory clarity. Meanwhile, the spot Solana ETF posted a $35.2 million net inflow on Monday, lifting its cumulative net inflows to $711 million. Conversely, the spot Bitcoin ETF saw a $358 million net outflow—the largest single-day outflow in nearly a month—while the spot Ethereum ETF had a significant $225 million net outflow. In markets, Bitcoin briefly dropped from around $89,000 to nearly $85,500 on Monday. Analysts cited macro uncertainties, year-end liquidity tightening, and deleveraging as drivers pushing funds toward relatively "safe" assets.
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