Key Points
- US spot XRP ETFs extended a 29-day inflow streak despite volatile December markets.
- XRP price remained subdued while issuers prepared additional altcoin ETF launches.
US spot altcoin exchange-traded funds maintained steady inflows through December, even amid broad market turbulence.
These products have collectively recorded 29 consecutive days of inflows, contrasting with mixed results seen in Bitcoin (BTC) and Ethereum (ETH) spot ETFs.
XRP ETF Inflows Continue as Price Lags
US spot XRP ETFs sustained consistent capital inflows, signaling ongoing institutional participation.
Data from SoSoValue showed daily net inflows of $8.44 million as of December 29, pushing cumulative inflows to $1.15 billion.
This figure increased from approximately $1.12 billion recorded one week earlier, reflecting steady accumulation.
Market participants attribute these inflows to regulatory clarity and diversification away from larger crypto ETFs, including BTC and ETH-focused products.
XRP’s cross-border settlement use case continues to attract longer-term capital inflows despite muted price action.
During December, XRP ETFs drew $478 million in inflows, while the price of XRP fell to around $1.86, down 0.82% over 24 hours.
Its market capitalization stands near $112.7 billion, keeping XRP ranked as the fifth-largest cryptocurrency by market value.
Altcoin ETF Filings Expand Beyond XRP
Alongside XRP ETF inflows, issuers continue to pursue new spot altcoin ETF offerings.
In December, Bitwise filed an S-1 registration with the US Securities and Exchange Commission to launch a spot ETF tracking the SUI token.
This filing followed earlier ETF initiatives tied to Bitcoin, Ethereum, Solana (SOL), and XRP.
Around the same period, Canary Capital submitted an S-1 application for a staked Injective ETF proposed to be listed on Cboe.
If approved, the fund would provide regulated exposure to Injective (INJ) alongside potential staking rewards, though no staking partners have been disclosed.
