XRP ETFs Reach Record Inflows Amid Solana Funds' Decline
XRP ETFs have maintained their positive streak for 13 consecutive days, a record run that has seen $874.28 million in inflows over this period.
This is in contrast to Solana funds, which posted outflows of $32.19 million on December 3, marking the largest single-day withdrawal since their launch on October 28.
The XRPC ETF from Canary Capital has been at the forefront of this trend, recording approximately $357.54 million in net inflows over its 13-day trading period. This surpasses initial market expectations for the product category and marks a significant milestone for the company.
In addition to XRPC, two other XRP ETFs, GXRP from Grayscale and XRPZ from Franklin Templeton, debuted last week with each pulling in more than $60 million during their first trading day. The combined performance of these funds has pushed total XRP ETF inflows to a new high.