The XRP spot exchange-traded fund (ETF) has surpassed $1 billion (approximately KRW 1.3 trillion) in cumulative net inflows in just five weeks since its launch. Unlike Bitcoin and Ethereum ETFs, which are experiencing capital outflows, the XRP ETF has shown a marked contrast, recording net inflows for over 30 consecutive trading days.
Since mid-November, XRP spot ETFs have steadily accumulated funds, with net inflows occurring every trading day. While this varies depending on the time of aggregation, the inflows into XRP spot ETFs to date are estimated at approximately $1 billion to $1.1 billion. Total net assets have also expanded to around $1.2 billion.
This trend contrasts with recent capital flows across digital asset investment products. While Bitcoin and Ethereum ETFs experienced net outflows due to macro uncertainty and regulatory variables, XRP-related products experienced inflows. Even in an environment of heightened market volatility, funds are selectively moving to specific assets, as evidenced by XRP.
Price movements have yet to keep pace with ETF inflows. XRP has recently undergone a short-term correction and continues to fluctuate below $2. However, on-chain and social media data indicate weakening investor sentiment, raising speculation that the gap between fund flows and price movements could persist for the time being.
