XRP ETFs total US$1,07 billion, surpassing the growth rate of BTC and ETH.
- XRP ETFs accumulate US$1,07 billion in inflows.
- XRPC leads the flow; GXRP, XRP, and XRPZ follow.
- Ripple gains traction after SEC and USOCC approval.
More than a month after the first XRP ETF debuted on Wall Street, the series of net inflows continues to attract attention. Canary Capital's XRPC began trading in the US on November 13th and marked a record volume of nearly $60 million at launch, in addition to registering daily net inflows exceeding $240 million.
Since then, four other products have tracked the performance of the token associated with Ripple: GXRP (Grayscale), XRP (Bitwise), XRPZ (Franklin Templeton), and, more recently, TOXR (21Shares). With the expansion of the range of options, demand has weakened over time, but remains at a high level when compared to most spot cryptocurrency ETFs.
Over the course of 25 trading days, none of the five funds recorded net outflows. The combined balance of net inflows reached US$1,070 billion by Friday's close, according to data from SoSoValue. In the last week alone, the group added US$82,04 million to its net inflow, maintaining a positive trend that has stood out in the market.
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Looking at individual products, XRPC remains the largest in the group, with a net inflow of US$384 million. GXRP, XRP, and XRPZ follow, while TOXR lags far behind with US$23,05 million. This suggests a greater concentration in the funds that arrived first and consolidated liquidity, although the basket as a whole continues to absorb capital.
Even with the recent slowdown in daily inflows, XRP ETFs continue to outperform, on average, their Bitcoin and Ethereum equivalents. Last week, BTC spot ETFs had only one positive day and ended the period with a new outflow of nearly US$500 million. ETH spot ETFs, on the other hand, haven't had a positive day since December 10th and have accumulated losses of almost US$650 million in the same period.
Among the major pairs, Solana's funds are the closest to the behavior seen in XRP, with 12 consecutive days in positive territory. Even so, the weekly value was below that of the group linked to Ripple, which totaled US$66,56 million in inflows during the period.
The appeal of XRP ETFs has also been linked to Ripple's corporate outlook for 2025. The company has accumulated partnerships, licenses, and acquisitions, and finalized its SEC filings a few months ago, factors that have helped reduce uncertainty. The most recent package includes conditional approval from the USOCC for the launch of a Ripple National Bank Trust and a joint collaboration with the Swiss financial institution AMINA Bank, adding further elements to market interest in XRP-linked products.
