XRP ETFs Hit Record $60M—So Why Isn’t The Price Moving?

Newsbtc2025/12/19 21:09

By: Newsbtc

XRP-linked exchange-traded funds reached about $60 million in assets under management on December 17, according to market reports, even as XRP’s spot price slid.

At the time of reporting, XRP was trading around $1.86, down more than 8% in the last week. That gap between ETF growth and a falling spot price has left some investors puzzled.

ETF Flows And How They Work

According to Chad Steingraber, the way ETFs operate helps explain the disconnect. ETF shares trade on exchanges like regular stocks during market hours.

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Fund managers then tally net flows at the end of the trading day and arrange purchases of the underlying XRP after the market closes. Because of that timing, ETF inflows do not always translate into instant buying pressure on the spot market.

Officially crossed $60Million!

Record day!

— Chad Steingraber (@ChadSteingraber) December 18, 2025

XRP ETFs Hit Record $60M—So Why Isn’t The Price Moving? image 1

Institutional Processes Take Time

Based on reports, part of the picture is the nature of institutional decision-making. Large funds tend to move slowly. They run checks, review risk, and take time to approve new positions.

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That process can take months or longer. So an increase in ETF AUM can reflect careful planning and staged capital allocations rather than a rush of short-term bets.

Price Action Shows Technical Weakness

On charts, XRP has been under pressure for months. Traders watching longer time frames point to a steady downtrend and multiple warnings of a broader pullback since mid-year.

XRP ETFs Hit Record $60M—So Why Isn’t The Price Moving? image 2

XRPUSD now trading at $1.87. Chart:

The token has slid about 12% over the past month. Support between $1.80 and $1.90 is now being tested. A sustained break below $1.80 would likely shift focus to $1.60, and then to a wider support band near $1.30 to $1.40 if selling continues.

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ETF Growth Still Small In Context

While $60 million sounds meaningful, that sum is small compared with AUM levels seen in larger crypto ETFs, and it may not be enough on its own to move markets.

ETF structures differ, too. Some managers may hedge, use staged buys, or employ other tactics that change how and when they add XRP to reserves. These operational choices can mute any immediate impact on price.

📊 Among top cap assets, here are the amount of non-empty wallets on each network currently:

🪙 Ethereum : 167.96M
🪙 Bitcoin : 57.62M
🪙 Tether : 9.63M
🪙 Dogecoin : 8.13M
🪙 XRP Ledger : 7.41M
🪙 Cardano : 4.54M
🪙 USD Coin : 4.39M
🪙 ChainLink…

— Santiment (@santimentfeed) December 18, 2025

XRP ETFs Hit Record $60M—So Why Isn’t The Price Moving? image 3

Non-Empty XRP Wallets Steadily Climbing

Meanwhile, reports show that the number of non-empty wallets on the XRP Ledger has been climbing. Santiment has highlighted rising counts of addresses holding some XRP.

Over the past month, while the token fell in price, on-chain wallet activity suggested accumulation by some holders. That pattern raises questions about whether larger buyers are quietly adding to positions.

What This Means For Traders

For now, markets show mixed signals. ETF AUM growth points to rising institutional involvement over time. Price action, however, signals caution.

Traders and investors will be watching whether end-of-day ETF purchases increase demand on the spot market, and whether the $1.80 level holds.

The coming days and weeks may help reveal whether AUM gains translate into broader buying or if technical pressure continues to dominate.

Featured image from Unsplash, chart from TradingView

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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XRP ETFs Hit Record $60M—So Why Isn’t The Price Moving?

ETF Flows And How They Work