XRP ETFs' Record-Breaking Performance: A 13-Day Inflow Streak
The crypto market is witnessing a surge in institutional demand, and XRP Exchange-Traded Funds (ETFs) are at the forefront of this trend. Over the past 13 days, these ETFs have attracted over $200 million in positive net flows, outshining their competitors. This impressive streak is a testament to the growing interest in XRP as an investment option.
XRP ETFs Surpass Solana (SOL) in Net Inflows
XRP funds have been on a remarkable journey since the launch of the first single-token XRP spot ETF, XRPC, by Canary Capital on November 13. On its debut day, XRPC recorded a total volume of $58 million, surpassing initial expectations. The funds have since accumulated around $357.54 million in positive net flows in just 13 days. This performance has positioned XRP ETFs as the fastest-growing altcoin-based category.
The second group of XRP funds, led by Grayscale’s GXRP and Franklin Templeton’s XRPZ, made a grand entrance last week, becoming the largest US ETF launches of 2025 with over $60 million in net inflows each on their first day. These funds have also demonstrated exceptional single-day inflows, outperforming major ETFs based on cryptocurrencies like Solana, Bitcoin (BTC), and Ether (ETH).
During the first three days of December, XRP ETFs attracted a substantial $207.66 million in net inflows, surpassing Bitcoin ETFs' $52.4 million and Ethereum ETFs' $51.3 million in the same period. With a total of $874.28 million in inflows in 13 days, spotXRP ETFs have now surpassed the total inflows of SOL ETFs, which held the record among the second wave of altcoin-based investment products.
Solana ETFs Face Challenges
While XRP ETFs are making waves, Solana funds are facing a slowdown. According to SoSovalue data, Solana ETFs experienced their largest days of outflows this week, with $32.9 million in outflows on December 3, marking their third negative net flows day since October 28. Despite positive net flows in November, Solana ETFs saw a record performance with $613 million in inflows during a 22-day positive streak.
However, this remarkable streak ended a week ago when TSOL, an ETF by 21Shares, registered negative net flows for the first time, recording outflows of $8.1 million. The category has struggled to absorb outflows, with TSOL experiencing a fourth negative day in the past week. Solana-based investment products started December with outflows worth $13.5 million, followed by strong inflows of $45.77 million on Tuesday, but the funds still registered $32.19 million in outflows on December 3, resulting in a negative net flow of $700,000 for the first half of the week.