Five Weeks, $1.12 Billion Flow: Why XRP Won the ETF Race

Since the launch of five major spot ETFs for XRP on November 13 (Canary, 21Shares, Grayscale, Bitwise, and Franklin Templeton), the cryptocurrency has displayed a consistent pattern not seen in Bitcoin and Ethereum. In just five weeks until December 22, these products accumulated $1.12 billion in net inflows, according to Sosovalue data. Moreover, the total assets under management have reached $1.25 billion—a strong indication that institutions are serious about XRP acquisition.

The Duration of the Winning Streak

What is truly surprising is the dynamics of consistency. The XRP spot ETF has maintained 33 consecutive trading days with positive inflows. No breaks, no reversals. This is significantly different from what we see with Bitcoin ETF (with $460 million outflows) and Ethereum ETF (with $555 million outflows) in recent weeks.

While Bitcoin and Ethereum are experiencing pullbacks due to market sentiment shifts and concerns about the U.S. Clarity Act, XRP has become a shelter of sorts for institutions. The overall market bled $952 million in digital asset investment products—first time in four weeks—but XRP still attracted $62.9 million in net inflows. This is a crucial signal that not all institutional money is panic selling.

Sentiment Shift: Hope Amid Fear

Social media conversations about XRP have become increasingly negative, according to Santiment analysis. Retail traders are expressing doubts about momentum. But here’s the interesting part: historically, this kind of setup—where the bullish narrative conflicts with bearish sentiment—tends to trigger surprising upside moves.

The psychology is simple: when the majority hesitates, price reversals tend to be more aggressive. XRP dropped 1.41% in the past 24 hours and is currently trading at $2.06, extending a correction from the $1.95 high on Dec. 20. But from an ETF flow perspective and institutional accumulation, the dip has been an opportunity, not a warning signal.

The key takeaway? While retail doubts, institutions continue to buy. And historically, that has been the winning side of the trade.