XRP-linked exchange-traded funds in the United States have managed to maintain truly impressive positive momentum for nearly two weeks. These financial vehicles now accumulate inflows into XRP ETFs totaling 844.9 million dollars as of the close of December 2. According to data tracked by the SoSo platform, this trend marks a dozen consecutive days of sustained growth and uninterrupted demand.
The constant accumulation of capital has positioned these new vehicles as the fastest-growing crypto asset class in recent times. Since their market debut on November 13, the products have recorded a total net inflow of 67.7 million dollars during the last session recorded in the reports. This brings the cumulative total to the impressive figure of 844.9 million dollars in a very short period of time. Monday stood out particularly in this streak, as the products attracted 89.65 million dollars in a single day, consolidating one of their strongest and most lucrative sessions since their initial inception.
This financial phenomenon places the digital asset very close to the significant milestone of 1 billion dollars in assets under management. Sector analysts consider this psychological and financial level as key to validate long-term institutional adoption outside of traditional giants like Bitcoin.
Furthermore, major Wall Street investment firms, including names like Fidelity, Invesco, and Franklin Templeton, have filed applications to list their own XRP ETFs, according to DTCC records. This underscores growing interest and a significant expansion of regulated exposure toward this specific asset by traditional finance.
Will XRP be able to outperform its rivals and consolidate itself as the institutional favorite?
The current momentum contrasts notably with the general landscape of other exchange-traded funds in the active crypto asset market. Eric Balchunas, senior ETF analyst at Bloomberg, publicly praised the volume of 58 million dollars on the first day of launch, highlighting the immediate success and traction of the vehicle compared to other launches this year.
On the other hand, Solana ETFs also showed a recovery with inflows of 45.7 million dollars recently. However, the adoption speed of XRP products suggests that institutional capital is diversifying its portfolios aggressively and seeking new high-yield opportunities.
Although spot Bitcoin and Ether funds remain dominant with billions in total assets, the gap is beginning to draw attention. The sustained accumulation of capital in these new products indicates that the appetite for regulated diversification is far from being satiated in the short term for large investors. It is expected that, if this positive streak is maintained, the one billion milestone will be crossed imminently, redefining the investment hierarchy in criptomonedas (cryptocurrencies) and setting a new standard for altcoins in the regulated market.
