XRP ETF Streak Hits 13 Days as Solana Funds Post Largest Outflows
The XRP exchange-traded funds (ETFs) have continued their winning streak for the 13th consecutive day, attracting $50.27 million in new investments on December 3. This surge brings the total net inflows to $874.28 million over the past two weeks, surpassing the Solana ETFs' accumulated $618.62 million since their debut on October 28.
Canary Capital's XRPC, launched on November 13, has recorded approximately $357.54 million in net inflows during its trading period. The fund started with a strong debut on Nasdaq, boasting $58 million in total volume and exceeding initial market expectations for the product category.
In contrast to the XRP ETFs' success, Solana funds have been experiencing outflows, with their largest single-day withdrawal of $32.19 million on December 3. The reversal marks a shift from the 22-day positive streak in November that brought in $613 million for Solana products.