XRP ETFs Soar with $1.13B Inflows… Yet Price Slumps 😬

After years of legal tangles, Ripple’s XRP has finally secured a seat at Wall Street’s table-though it’s still waiting for the appetizer.

Since their debut on November 13th, five XRP spot ETFs-Canary, 21Shares, Grayscale, Bitwise, and Franklin Templeton-have been the talk of the town, much like a stubborn mule at a fashion show.

According to SoSoValue, these funds raked in $1.13 billion by December 23rd, swelling their collective coffers to $1.125 billion. One might say the market’s throwing confetti… just not on XRP’s parade.

XRP ETF Gains Ground (Sort Of)

While the broader crypto market dances like a drunk sailor, XRP ETFs march in formation, unwavering. They’ve posted net inflows every day since launch-33 days of consistency, a feat Bitcoin and Ethereum can only dream of.

Meanwhile, BTC and ETH ETFs have been playing musical chairs with outflows. A lesson in humility, perhaps? Or just bad dance moves.

Franklin Templeton’s 100M XRP Milestone

The real star of the show? Franklin Templeton. Its XRP ETF recently hit 101.55 million tokens, valued at $192.7 million-a number so large it makes one question if the decimal point was misplaced.

This Wall Street titan’s embrace of XRP whispers to institutions: “Yes, this asset is now officially safe. Ignore the drama, it’s just part of the package.”

The Price Paradox (Or, Why Is This Happening?)

Despite the love from ETFs, XRP’s price remains as stagnant as a bureaucrat’s coffee. At $1.84, it’s down 1.68% in 24 hours and 10.55% monthly. One might think the market’s playing chess… and XRP’s the pawn everyone forgot about.

Enter Santiment, which notes that XRP’s social media negativity has hit record highs. A classic case of “the more they hate, the more they love”-though one hopes the retail crowd isn’t betting on schadenfreude.

“XRP is seeing far more negative social media commentary than average. Historically, this setup leads to price rises. When retail has doubts about a coin’s ability to rise, the rise becomes significantly more likely.”

Analysts now liken XRP’s dip to a coiled spring: tight, tense, and waiting for a reason to snap. Or perhaps it’s just waiting for a better metaphor.

Final Thoughts

  • The contrast between XRP’s steady ETF demand and BTC/ETH outflows hints at institutional priorities shifting faster than a hedge fund manager’s attention span.
  • Positive inflows amid chaos suggest buyers are either very patient or very confident-or both. Either way, they’re not here for the short game.

Read More

2025-12-24 14:31