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Spot XRP ETFs Outpace Market With 12-Day Inflow Streak Nearing $1B Mark
Source: CryptoNewsNet Original Title: Spot XRP ETFs Outpace Market With 12-Day Inflow Streak Nearing $1B Mark Original Link: U.S. spot XRP exchange-traded funds (ETFs) kept up the positive momentum for a twelfth consecutive day, with their net inflows totalling $844.9 million as of Dec. 2.
The sustained accumulation of capital by spot XRP ETFs established them as the fastest-growing class of major crypto-asset vehicle. The funds are closing in on the $1 billion milestone in assets and signaling a significant expansion of regulated crypto exposure beyond bitcoin and ether.
The XRP ETFs saw a total net inflow of $67.7 million bringing their cumulative total inflow to $844.9 million since they debuted on Nov. 13. On Monday, the products drew $89.65 million, making it one of its strongest sessions since inception.