Ripple CEO Brad Garlinghouse recently highlighted how U.S. spot exchange-traded funds (ETFs) tied to XRP have become the fastest offering to hit $1 billion in assets under management (AUM) since Ethereum (ETH) ETFs. As per the on-chain analytics platform SoSoValue, spot XRP ETFs have recorded the cumulative total net inflow of $897.35 million as of Dec. 5. Canary XRP ETF (Nasdaq: XRPC): $363.85 million Grayscale XRP Trust ETF (NYSE: GXRP): $211.85 million Bitwise XRP ETF(NYSE: XRP): $187.14 million F ...

Core Insights - Five spot altcoin ETFs are set to launch in the coming days, coinciding with positive capital flows into major altcoins like ETH, SOL, and XRP [1] - A significant influx of altcoin ETFs is anticipated, with over 100 expected in the next six months, as analysts track more than 150 ETFs yet to be launched [2] - Bitcoin spot ETFs are experiencing negative capital flows, while altcoin ETFs are gaining momentum, capturing substantial inflows [4] Group 1 - The upcoming launch of altcoin ETFs includes the Grayscale Dogecoin ETF, Grayscale XRP Trust, Franklin XRP ETF, Bitwise DOGE ETF, and Grayscale Chainlink Trust [1] - Analysts predict a massive flow of altcoin ETFs into the market, with several XRP ETFs already performing well shortly after their launch [3] - Bitcoin's recent selloff is attributed to U.S. market conditions, including tightening liquidity and widening credit spreads, impacting its capital flows negatively [4] Group 2 - The capital flight from Bitcoin is seen as an opportunity for altcoins to better capture their network value, with specific examples like UNI, ETH, and XRP highlighted [5] - The upcoming Fusaka upgrade for ETH is expected to significantly enhance its token value capture, which has not been widely discussed [5] - There is a growing interest in staking among the community, which could alter the economic dynamics for token holders [6] Group 3 - The introduction of ETFs is believed to create a steady inflow channel that can act as a liquidity buffer, helping to mitigate recent selling pressure in the market [7] - Analysts have set year-end price predictions for ETH at $3,200, XRP at $3, and SOL at $150, indicating a potential rally [7]

NEW: Franklin Templeton's 'Franklin $XRP ETF' $XRPZ is now live on NYSE Arca ...