Overview
- U.S.-listed XRP funds have attracted net inflows every trading day since their Nov. 13 launch, totaling roughly $975 million through Dec. 12, according to SoSoValue.
- Total assets across the products have risen to about $1.18 billion with no single session of net redemptions reported.
- The steady intake contrasts with U.S. spot bitcoin and ether ETFs, which saw multiple outflow days over the same period.
- Coverage notes that persistent creations are drawing XRP out of exchange circulation, tightening available supply as regulated access expands.
- Despite the inflows, XRP is consolidating near the $2 level, and a bearish three-day EMA ribbon highlighted by chartist Steph Is Crypto points to historical downside risk.