The US Spot XRP ETF has seen cumulative net inflows surpass $1 billion since its launch in November.
BlockBeats News, December 16th: Since its launch in November, the US Spot XRP ETF has seen its cumulative net inflows surpass $1 billion, marking a significant milestone in the development of altcoin ETFs. Data shows that on Monday, the Spot XRP ETF saw a daily net inflow of $10.89 million, with inflows recorded in products from Canary, Grayscale, and Franklin Templeton.
Kronos Research Chief Investment Officer Vincent Liu stated that the Spot XRP ETF's asset size exceeding $1 billion reflects increasing institutional interest in assets outside of BTC and ETH that have regulatory clarity.
Meanwhile, the Spot Solana ETF saw a net inflow of $35.2 million on Monday, bringing its cumulative net inflows to $711 million. In contrast, the Spot Bitcoin ETF saw a net outflow of $358 million on the same day, marking the largest single-day outflow in nearly a month; the Spot Ethereum ETF also experienced a significant net outflow of $225 million.
In the market, Bitcoin briefly dropped from around $89,000 to near $85,500 on Monday. Analysts pointed out that macro uncertainty, year-end liquidity tightening, and deleveraging contributed to funds flowing into relatively "safer" assets temporarily.
You may also like

AIDC, computing power leasing, and cloud: The "three-part thesis" of AI transformation in cryptocurrency mining farms

Futu has had all its illegal gains confiscated, reminding cryptocurrency exchanges

Football, Web3 & Champions' Energy: A Recap of WEEX's LALIGA VIP Meetup in Barcelona
Pizza, Poker & AI Trading: A Recap of WEEX Crypto Pizza Day in Dubai

Why have foreign exchange stablecoins never taken off?

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

Morning Report | SpaceX reveals it holds approximately $1.45 billion in Bitcoin; Nvidia's Q1 financial report shows revenue of $81.6 billion; Manus plans to raise $1 billion for buyback business

Insiders: DeepSeek is forming a Harness team to compete with Claude Code

SpaceX officially submitted its prospectus, unveiling the largest IPO in history

The financial changes under the new SEC regulations: Opportunities and regulatory red lines behind "tokenized stocks"

Blockchain Capital Partner: The structure of on-chain dual-layer capital is still in the early stages of value discovery

Secured over $60 million in funding from Dragonfly, Sequoia, and others, learn about the on-chain derivatives protocol Variational | CryptoSeed

I tested with $10,000: zero wear and tear, annualized 8%, and can earn points (with complete tutorial + screenshots)

Eight departments take strong measures to regulate cross-border brokers, what do you think?
Cheers, Charts & AI: A Recap of WEEX Labs' Openguin Party Energy at ETHMilan 26

Morning Report | Deloitte acquires crypto infrastructure company Blocknative; stablecoin company Checker completes $8 million financing; a16z may have become the largest external institutional holder of HYPE

Interpretation of xBubble SOP: Packaging Vibe Coding for non-technical users

