Stable XRP ETF Inflows Persist Amid Market Turbulence Despite a volatile December for the broader crypto market, spot XRP exchange-traded funds (ETFs) in the United States continued to demonstrate resilience by maintaining inflows over a sustained 29-day period. As of the end of the month, these ETFs accumulated a total net inflow of $8.44 million on Monday alone, bringing their overall inflows to $1.15 billion since launch, with total assets reaching approximately $1.24 billion, even as XRP prices and the larger crypto sector faced selling pressures. Vincent Liu, Chief Investment Officer at Kronos Research, noted that investments in XRP are largely driven by increasing regulatory clarity and a shift toward less crowded trading strategies compared to Bitcoin or Ethereum. He emphasized that XRP's unique use case in cross-border settlement solutions "offers differentiated exposure that continues to attract longer-term investors," supporting the ongoing capital influx despit...

In a notable development within the cryptocurrency sector, Bitwise Asset Management is preparing to launch a new spot ETF tracking XRP on the New York Stock Exchange. The ETF, which will trade under the ticker “XRP,” marks a significant step for the digital asset, despite stirring some confusion among market participants regarding the choice of ticker symbol. This move underscores the growing institutional interest in crypto assets and the evolving landscape of crypto ETFs, fueling further mainstream adoption and regulatory scrutiny. Bitwise to launch XRP spot ETF on NYSE, trading under the ticker "XRP". The ETF follows a trend of crypto-focused funds tracking major digital assets like Bitcoin and Ethereum. The ticker symbol "XRP" has sparked debate over potential confusion with the Ripple token itself. Additional XRP ETFs are expected, with industry analysts predicting more approvals soon. Market experts highlight XRP’s long-term potential ami...