Institutions Accumulate in Secret: Breaks $1.2 Billion in Five Weeks
Since launching on November 13, XRP spot ETF has been playing the story of “contrarian buying.” Created by Canary, 21Shares, Grayscale, Bitwise, and Franklin Templeton, these five ETFs have absorbed a net inflow of $112 million in just five weeks, with total assets under management exceeding $125 million.
What’s even more astonishing is that these XRP ETFs have achieved a continuous 33 trading days of net inflows, with funds pouring in every trading day. Compared to Bitcoin and Ethereum, which have experienced frequent net outflows over the past few weeks, XRP has stubbornly held its ground. Even during a large-scale sell-off across the entire digital asset market, XRP spot ETF still achieved a “standalone rally” with a net inflow of $62.9 million.
Market Bleeding, XRP Instead Attracts Funds
Recently, digital asset investment products have indeed experienced their first large-scale outflow in four weeks, totaling $952 million. The US market suffered the most, with a single-day net outflow of $990 million. Ethereum faced the worst, with outflows reaching $555 million, due to market disappointment over the delayed implementation of the U.S. Clarity Act. Bitcoin also didn’t fare much better, with outflows of $460 million.
Ironically, during this round of massive withdrawals, only XRP showed the “I’m different” attitude, continuously attracting funds. What is the logic behind this? Are institutional investors recognizing XRP’s fundamentals, or are they preparing for a subsequent rebound?
Social Media Complaints Are Everywhere, But Could Be a Buying Signal?
According to Santiment’s on-chain sentiment data, negative voices on social media about XRP have been overwhelming—far exceeding average levels. But there’s an “inverse indicator” perspective: historically, whenever retail investors start collectively bearish on a coin, it often signals the eve of a price surge.
Currently, XRP’s price is indeed a bit concerning, with the latest quote at $2.05, down 2% in the past 24 hours, having fallen for three consecutive days. From the $1.95 high on December 20, it has already retraced. Normally, this would further dampen enthusiasm, but Santiment points out that when sentiment indicators enter the bearish zone, the probability of a significant price increase actually increases.
In other words: the current wave of pessimism on social media may very well be the stepping stone for the next rally.
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Could negative sentiment actually be a bullish signal? The milestone journey of XRP is worth paying attention to.
Institutions Accumulate in Secret: Breaks $1.2 Billion in Five Weeks
Since launching on November 13, XRP spot ETF has been playing the story of “contrarian buying.” Created by Canary, 21Shares, Grayscale, Bitwise, and Franklin Templeton, these five ETFs have absorbed a net inflow of $112 million in just five weeks, with total assets under management exceeding $125 million.
What’s even more astonishing is that these XRP ETFs have achieved a continuous 33 trading days of net inflows, with funds pouring in every trading day. Compared to Bitcoin and Ethereum, which have experienced frequent net outflows over the past few weeks, XRP has stubbornly held its ground. Even during a large-scale sell-off across the entire digital asset market, XRP spot ETF still achieved a “standalone rally” with a net inflow of $62.9 million.
Market Bleeding, XRP Instead Attracts Funds
Recently, digital asset investment products have indeed experienced their first large-scale outflow in four weeks, totaling $952 million. The US market suffered the most, with a single-day net outflow of $990 million. Ethereum faced the worst, with outflows reaching $555 million, due to market disappointment over the delayed implementation of the U.S. Clarity Act. Bitcoin also didn’t fare much better, with outflows of $460 million.
Ironically, during this round of massive withdrawals, only XRP showed the “I’m different” attitude, continuously attracting funds. What is the logic behind this? Are institutional investors recognizing XRP’s fundamentals, or are they preparing for a subsequent rebound?
Social Media Complaints Are Everywhere, But Could Be a Buying Signal?
According to Santiment’s on-chain sentiment data, negative voices on social media about XRP have been overwhelming—far exceeding average levels. But there’s an “inverse indicator” perspective: historically, whenever retail investors start collectively bearish on a coin, it often signals the eve of a price surge.
Currently, XRP’s price is indeed a bit concerning, with the latest quote at $2.05, down 2% in the past 24 hours, having fallen for three consecutive days. From the $1.95 high on December 20, it has already retraced. Normally, this would further dampen enthusiasm, but Santiment points out that when sentiment indicators enter the bearish zone, the probability of a significant price increase actually increases.
In other words: the current wave of pessimism on social media may very well be the stepping stone for the next rally.