XRP spot ETF sees a net inflow of $12.98 million in a single day, a clear sign of institutional funds flowing back in

Eastern Time January 13th, the US XRP spot ETF experienced a single-day net inflow of $12.98 million, which is an intuitive reflection of the recent shift in market sentiment. Prior to this, the XRP ETF experienced a net outflow on January 7th. Now, with funds flowing back in, it indicates that institutions are reassessing the medium-term prospects of XRP. From ETF scale expansion to ecosystem progress, this change in capital flow warrants in-depth observation.

Two Major ETFs Show Divergence, Grayscale Leads

According to the latest data, in the US XRP spot ETF market, Grayscale XRP ETF (GXRP) and Canary XRP ETF (XRPC) are the two main products. Their performance differences reflect varying market voices.

Main Products Continue to Attract Funds

Product Single-day Net Inflow Total Net Inflow Historically
Grayscale XRP ETF (GXRP) $7.86 million $273 million
Canary XRP ETF (XRPC) $2.73 million $398 million

Grayscale performed better in daily inflows, indicating that this established asset management firm still has strong appeal in XRP. Although Canary has a higher total net inflow historically ($398 million), its single-day performance is slightly weaker, possibly reflecting dynamic allocation by investors among different products.

Market Scale Continues to Expand Steadily

As of press time, the total net asset value of XRP spot ETFs has reached $1.54 billion, with a cumulative net inflow of $1.25 billion. What does this number mean? XRP’s share of the US spot ETF market is about 1.16%. Although relatively small, considering that XRP spot ETFs have only recently been launched, this growth rate is quite impressive. In comparison, Bitcoin and Ethereum spot ETFs have accumulated over several years. The fact that XRP can gather such significant institutional funds in a short period indicates that market interest in it is rapidly increasing.

Where Does the Confidence for Institutional Entry Come From?

Funds do not flow in without reason. There are several supporting factors behind the expansion of XRP ETFs.

Ecosystem and Regulatory Double Benefits

According to the latest news, Cardano founder Charles Hoskinson announced plans to integrate XRP into the Cardano ecosystem via the Midnight partner chain, which means XRP’s DeFi application scenarios are expanding. Meanwhile, Ripple’s UK subsidiary has obtained FCA registration (including EMI and crypto asset licenses), a significant signal of regulatory recognition. These developments suggest that XRP is not just a trading asset but is gradually integrating into broader financial infrastructure.

Positive Technical Signals

XRP has risen 5.83% in the past 24 hours. Although the January increase (~32%) has been substantial, market interest remains. However, technical analysts point out that XRP’s trend is still weaker than Bitcoin and Ethereum, with recent trading volume also declining. This indicates that we should not be overly optimistic.

What Does the Shift from Outflow to Inflow Mean?

The net outflow of $40.8 million on January 7th once caused market concern, but within a week, a single-day net inflow of $12.98 million occurred. This turnaround indicates that institutional investors are rapidly adjusting their strategies. There could be several reasons: first, the previous sell-off may have released pessimism; second, new positive information (ecosystem progress, regulatory friendliness) has rekindled interest; third, XRP’s position within the US policy framework may be improving.

The US Senate’s deliberation on the crypto market structure is ongoing. According to reports, this could lead to rotation among assets like BTC, SOL, ETH, XRP, etc. The fact that XRP attracts funds during this period suggests that the market has some confidence in its future role within the policy framework.

Summary

The US XRP spot ETF’s single-day net inflow of $12.98 million marks a clear shift in recent capital flows. In terms of scale, a total net asset value of $1.54 billion and a cumulative net inflow of $1.25 billion indicate ongoing institutional entry; product-wise, the differentiated performance of Grayscale and Canary reflects market diversity; and from the background, ecosystem progress and regulatory improvements support the inflow of funds.

However, we should also note that XRP’s technical outlook still shows signs of weakness, with declining trading volume. It remains to be seen whether this capital inflow can form a sustainable trend. The key going forward is the clarity of regulatory policies and the actual progress of XRP’s application within DeFi ecosystems. Institutional entry is a positive signal but should not lead to blind optimism.

XRP4.11%
BTC3.05%
ETH6.11%
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