XRP ETFs pass $1 billion mark with no outflow days since launch

Core Insights - U.S.-listed spot XRP exchange-traded funds (ETFs) have surpassed $1 billion in assets, achieving consistent net inflows since their launch in mid-November, distinguishing them from bitcoin and ether ETFs which experienced outflows during the same period [1][2][4] Group 1: Performance Metrics - Total net assets for spot XRP ETFs reached approximately $1.18 billion as of December 12, with cumulative net inflows around $975 million [2] - XRP ETFs have recorded 30 consecutive trading days of net inflows since their debut on November 13 [2] Group 2: Market Context - The milestone for XRP ETFs occurs amid a broader decline in crypto prices and a risk-off sentiment in global markets, as investors reassess rate expectations and earnings momentum [3] - Bitcoin and ether have seen recent price declines, while major altcoins have followed suit [3] Group 3: Investor Behavior - Analysts suggest that the inflows into XRP ETFs are driven more by access and structure rather than short-term price movements, indicating a shift in investor focus [4][6] - The consistent inflow pattern of XRP ETFs suggests a "set-and-hold" buyer profile, with institutional investors prioritizing assets that fit within established ETF frameworks [8] Group 4: Broader Implications - The success of XRP ETFs may signal a shift in the crypto ETF landscape, where capital is diversifying beyond bitcoin and ether into alternative assets packaged in regulated wrappers [9]