XRP ETFs Achieve 13 Consecutive Days of Record Inflows, Approaching $1 Billion Mark
XRP ETFs Record Inflows: U.S. spot XRP exchange-traded funds (ETFs) have achieved 13 consecutive days of net inflows since their launch on November 14, totaling $874.28 million, with $50.27 million added on December 3.
Rapid Growth of Crypto ETFs: The XRP ETFs are among the fastest-growing crypto-asset vehicles, nearing the $1 billion milestone in under a month, indicating strong acceptance in traditional finance markets.
Market Performance of Other Crypto ETFs: Spot Solana ETFs have attracted over $600 million since their launch, while older Bitcoin and Ethereum ETFs have drawn in nearly $58 billion and $13 billion, respectively.
Current Market Trends: Bitcoin is trading around $93,500, needing to surpass $98,500 to reverse its decline, while altcoin sentiment remains weak, with privacy coins experiencing corrections after recent rallies.
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