The US XRP-linked exchange-traded fund (ETF) surpassed $1 billion in cumulative net inflows in just one month since its launch in mid-November, recording the fastest growth among altcoin ETFs.
According to SosoValue data, the XRP ETF has recorded net inflows for over 20 consecutive trading days since its launch on November 14th, reaching a cumulative total of $1.07 billion as of mid-December. This contrasts sharply with the net outflows seen by Bitcoin and Ethereum ETFs during the same period.
This trend is interpreted as a result of the SEC's shift in regulatory tone and the easing of legal uncertainty surrounding XRP, which has significantly eased the environment for cryptocurrency ETF launches. Analysts say the altcoin ETF market is opening up in earnest as institutional funds, previously concentrated in Bitcoin and Ethereum, shift to XRP.
“The regulatory clarity created by the resolution of the legal dispute between Ripple and the SEC has accelerated the entry of institutional investors,” said Mati Greenspan, founder of Quantum Economics.
Some analysts predict that if the current trend continues, cumulative net inflows into XRP ETFs could exceed $10 billion by 2026. This is interpreted as an analysis that if billions of XRP are held long-term through ETFs, it could lead to a decrease in circulating supply.
Currently, major asset management companies such as Canary Capital, Grayscale, Bitwise, Franklin Templeton, and 21Shares are operating XRP-linked ETF products, and Bitwise predicted that the number of cryptocurrency-linked ETFs in the U.S. could expand to more than 100 by 2026.
