Spot exchange-traded funds (ETFs) on XRP in the USA are showing positive dynamics. Since their launch on November 13, these instruments have recorded a net inflow of capital for a whole month. Such statistics favorably distinguish them from bitcoin and Ethereum-based funds. Competitors have faced outflows of billions of dollars over the same period.
This achievement has become a turning point for the asset. Previously, traditional investment mechanisms excluded the token due to regulatory uncertainty. The reason was the lawsuit of Ripple with the U.S. Securities and Exchange Commission (SEC). Spot ETFs have removed this barrier. Now, institutional capital is entering the asset at a pace that surprises even optimistic observers.
The contrast with BTC and ETH indicators
According to the analytical platform SoSoValue, XRP-based funds attracted new capital during every trading session since their debut. Cumulative net inflows reached approximately $990.9 million as of December 12. The total net assets in five products grew to $1.18 billion. Analysts did not record a single day of net redemption.
Such resilience stands out against the general market background. Even the largest cryptocurrency funds struggled to maintain momentum. During the same 30-day interval, spot Bitcoin ETFs in the U.S. lost about $3.39 billion. Just on November 20, investors withdrew approximately $903 million from them. Ethereum funds demonstrated a similar trend with an outflow of $1.26 billion.
The divergence became most noticeable on December 1. On that day, XRP-based structures attracted $89.65 million. At the same time, Bitcoin funds received only $8.48 million. This is ten times less. Ethereum ETFs recorded a net outflow of more than $79 million.
Trading in December only confirmed this trend. Bitcoin ETFs showed four days of negative dynamics against eight positive. Ethereum funds also demonstrated volatility: five days of outflows and seven days of inflows. XRP products maintained positive dynamics consistently.
Second place in asset growth rates
Ripple CEO Brad Garlinghouse noted the rapid growth of the instrument. XRP has become one of the fastest spot crypto assets to reach $1 billion under management in the U.S. Only Ethereum achieved a higher result.
"There is a deferred demand for regulated crypto products," Garlinghouse stated. He particularly highlighted Vanguard's recent decision to offer access to a crypto ETF through traditional pension and investment accounts, noting that now cryptocurrency is "accessible to millions of people who do not necessarily have to be experts in this technology."
Garlinghouse also emphasized that long-term sustainability, stability, and the strength of the community are becoming increasingly significant factors for this new category of 'off-chain crypto investors.'
The CME Group announced the launch of Spot-Quoted futures on XRP and SOL on December 15. This move opens up additional opportunities for institutional players.
"We are seeing significant demand for our existing spot-quoted futures on Bitcoin and Ethereum: since their launch in June, more than 1.3 million contracts have been entered into. We are pleased to expand our offering by adding XRP and SOL to it," commented Giovanni Viciolo, global head of the cryptocurrency products division at CME Group.
Existing spot-quoted futures on Bitcoin and Ethereum have already demonstrated significant growth. The average daily trading volume in December reached 35,300 contracts, and on November 24, a record daily figure of 60,700 contracts was recorded for both assets.
The gap between capital inflow and price
Experts view the continuous inflow of funds as a signal of structural capital allocation. Investors use these ETFs not for tactical trading, but for long-term strategies.
One analyst noted that currently only five spot ETFs are operating. Giants like BlackRock have not yet joined. If the weekly inflow remains at $200 million, the total volume could exceed $10 billion by 2026.
Despite the success of the funds, the token price remains under pressure. Over the past month, the exchange rate has decreased by almost 15%. At the time of writing, the coin was trading at $1.89.
The gap between capital inflow and quotes may reflect the mechanics of the ETF market. The creation and redemption of shares involve complex arbitrage processes. They delay the price effect. Market makers also hedge positions, smoothing the immediate impact on the exchange rate.
