XRP ETFs, one of the most talked about headlines in the cryptocurrency markets in recent weeks, signaled a short pause for the first time after a strong performance series. According to information compiled from foreign sources and blended with current market data, the XRP spot ETF ecosystem took a break from long-standing stable money inflows. Is this development a loss of momentum or a healthy consolidation in the market? It brought with it questions.
An Unexpected Break in the XRP ETF Ecosystem
According to SoSoValue data, net inflow was recorded as zero in the XRP spot ETF market on Friday, December 26. This was the first time this had happened since the launch of ETFs and ended a run of gains supported by regular capital inflows. While the momentum was expected to be maintained until the end of the year, investors’ cautious attitude that day caused wide repercussions in the crypto community.
Although daily net inflows have stalled, the overall picture is still quite strong for XRP ETFs. Cumulative net inflows remained at $1.14 billion, while total net assets reached approximately $1.24 billion. These figures show that long-term investor confidence is maintained despite short-term uncertainties. In addition, the fact that the daily trading volume was at the level of 16.61 million dollars shows that the interest in the market has not completely disappeared.
The XRP price traded at approximately $1.85 on the same day. This horizontal course in price is interpreted by many analysts as a natural part of the consolidation process. In particular, institutional investors’ continued confidence in the long-term potential of XRP stands out as an important factor supporting price stability.
Canary Stands Out, Confidence Maintains Across the Market
In the competition among ETFs, Canary maintained its leadership with a net asset size of $ 325.93 million and finished the day with a 0.41 percent increase. While 21Shares followed with assets of $250.68 million, Bitwise, Grayscale and Franklin Templeton also attracted attention with net asset sizes of $227.15 million, $225.11 million and $206.90 million, respectively. Although there were no new daily entries, the fact that many products closed the day in positives shows that investors preferred to protect their positions.
In parallel with these developments, news of a different ETF is also on the agenda in the crypto market. The recent renewed institutional interest in Bitcoin spot ETFs supports confidence in the overall ETF market. Increasing volumes, especially for US-based funds, indicate that alternative crypto asset ETFs such as XRP may also gain momentum again in the medium term.
