U.S.-listed spot XRP exchange-traded funds logged a 13th straight day of inflows since their Nov. 14 debut, indicating steady institutional demand. ETF tracker SoSoValue reported $50.3 million of net new capital into XRP ETFs on Dec. 3, bringing combined assets under management to $874.28 million.
Grayscale’s Grayscale XRP Trust ETF (GXRP) drove most of Wednesday’s inflows, drawing $39.26 million that day. Since launch, GXRP has accumulated $209.02 million in net inflows and holds $226.62 million in net assets. Franklin Templeton’s XRPZ added $4.76 million on Dec. 3, while Bitwise’s XRP fund took in $3.92 million.
The 13-day inflow streak has pushed the trio of spot XRP ETFs close to the $1 billion milestone in roughly a month, a development market participants view as growing acceptance and deeper liquidity for the Ripple-linked token in traditional markets.
XRP, the native token of the XRP Ledger used for cross-border payments, was down about 3.2% over the prior 24 hours, according to CoinGecko.
The ETFs launched nearly five years after the U.S. Securities and Exchange Commission filed a $1.3 billion lawsuit against Ripple and two executives. That litigation was dismissed in March under new SEC Chair Paul Atkins and later concluded in August with a $125 million settlement.
With nearly $1 billion now in spot XRP ETFs and the legal overhang eased, sentiment across the XRP ecosystem has turned more bullish. Continued ETF inflows could provide price support, though the broader crypto market remains fragile and will likely be influenced by the Federal Reserve’s interest-rate decision on Dec. 10.