Crypto Rollercoaster: XRP ETFs Take a Breather, but Investors Keep Calm and Carry On
Once expected to keep sizzling through year-end, the XRP funds now find themselves in a peculiar state: no net movement at all. Zip. Nada. The crypto community erupted in a flurry of hot takes, memes, and conspiracy theories, pondering if the entire crypto universe had collectively taken a coffee break. ☕
XRP ETFs remain strong despite $0 net inflow
On what can only be described as the sort of day that makes traders grimace-a day when the XRP spot ETF market recorded exactly zero net inflow-these funds had been riding high, pulling in more dough than a bakery in a bread riot. And yet, despite the zero-dollar inflow, the total cash that has flowed into XRP ETFs since their debut stands at a hefty $1.14 billion. That’s billion with a B, which is roughly 1,140 million, or enough to buy quite a few pizzas. 🍕
Meanwhile, the total net assets in the XRP ETF realm hover around $1.24 billion-a statistic that suggests investors might be quiet but are still pretty confident about the long-term prospects of XRP, like a cautious but hopeful gambler at the roulette wheel.
Trading activity, surprisingly, continued at a decent clip, with a daily volume of $16.61 million-proof that the market’s heart still beats, even if the inflows have hit pause. As for the price of XRP itself? It was trading around $1.85, showing that the price was steady as a rock during what could be called the “consolidation phase”-or simply “the calm before the next rollercoaster.” Institutional investors seem to be whispering sweet nothings about XRP’s future, and who’s to argue?
Canary Leads the Pack with a Splash of Confidence
Amidst this quiet pause, all XRP spot ETFs played it safe and recorded flat daily inflows, yet their net assets remain in tip-top shape. The standout star? XRPC Canary, holding onto a cool $325.93 million in net assets and climbing a modest 0.41% in the last day-like a cautious climber who’s not rushing, but getting there. 🧗♂️
2[Shares] tried their luck with a slight dip of 0.02%, holding $250.68 million. Meanwhile, Bitwise, Grayscale, and Franklin Templeton didn’t miss a beat, their net assets bobbing around $227 million, $225 million, and $207 million respectively – stubborn, resilient, and kind of like the financial version of that guy who refuses to quit even when everyone else has left the party.
Interestingly, most of these products finished the session in positive territory-proof that investors aren’t exactly retreating to the hills; they’re just eyeing the horizon, perhaps waiting for the next big surge or, at the very least, a good meme to share on Twitter.





