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US Spot XRP and Dogecoin ETFs Boom as Weekly Gains Surge Over 20%
Yahoo Finance· 2026-01-05 23:53
Core Insights - XRP and Dogecoin have shown significant performance in early 2026, driven by new ETF inflows and a positive market sentiment across the crypto sector [1] Group 1: XRP Performance - XRP spot ETFs have achieved a remarkable inflow streak of 33 consecutive days, with net inflows of $13.59 million on January 2, raising total net assets to $1.37 billion [2] - The inflow trend for XRP began in mid-November, indicating strong institutional demand despite broader crypto ETF outflows in late 2025 [2][7] - XRP's price has been stable, trading within a tight range before moving towards the $2.30 level, supported by reclaiming key short-term support zones [4][5] Group 2: Dogecoin Performance - Dogecoin spot ETFs experienced a notable increase in activity, with net inflows of $2.3 million on January 2, bringing total DOGE ETF assets to $8.34 million [3] - The price of Dogecoin has risen from the low-$0.13 range to around $0.14, benefiting from overall memecoin strength and improved market sentiment [6] - Leveraged Dogecoin ETFs have performed exceptionally well, ranking among the top-performing ETFs early in 2026, indicating strong retail participation and short-term momentum [7][8]