The group of XRP spot ETFs, together with Canary, 21Shares, Grayscale, Bitwise and Franklin Templeton, has nicely surpassed $1 billion, sustaining an unbroken streak of inflows because the first of such ETFs launched in November.
In keeping with SoSoValue, whole web property throughout spot XRP ETFs reached about $1.21 billion as of Dec. 19, whereas cumulative whole web inflows rose to $1.07 billion.
Sentora, beforehand IntoTheBlock, spotlights this milestone in a tweet: “spot XRP ETFs have formally surpassed $1 billion in web inflows this week.”
XRP ETFs have drawn web inflows each buying and selling day since their debut in mid-November, a streak that distincts them from Bitcoin and Ethereum ETFs that noticed a number of classes of outflows over the identical stretch.
Whereas Bitcoin ETFs have seen important outflows in a number of classes because the previous month, XRP funds, by comparability, have attracted smaller however extra constant inflows.
The group of XRP ETFs have marked 32 consecutive buying and selling days of web inflows since launching on Nov. 13. The milestone comes at a notable time within the markets when crypto costs have dropped following prolonged promoting since October.
XRP information
In XRP information, XRPL Lending Protocol, a brand new protocol-native system that allows on-ledger lending for establishments whereas additionally permitting XRP holders to earn institutional-grade yield, is underway.
In keeping with Ripple developer Edward Hennis, potential use instances embody market makers borrowing XRP/RLUSD for stock and arbitrage; PSPs borrowing RLUSD to pre-fund instantaneous service provider payouts; fintech lenders accessing short-duration working capital.
Related amendments are anticipated to enter validator voting in late January 2026, marking a significant step towards activating protocol-native credit score markets on XRPL.
XRP is sustaining its rebound from Friday’s low of $1.77 into the third day. On the time of writing, XRP was up 0.32% within the final 24 hours to $1.94.
If the present restoration continues, XRP may retest the $2 mark, with the following resistance at $2.15 and $2.58 coinciding with the each day MA 50 and 200, respectively. XRP has marked a double backside sample on the $1.77 low, a affirmation of this shall be watched within the coming days for a possible XRP rally.