New Investments Linked to XRP are Very Popular
Less than a month ago, a new way to invest in XRP started in the United States. It’s called a spot ETF, and it has become very popular, very quickly.
What is an ETF?
An Exchange-Traded Fund (ETF) is a type of investment that you can buy and sell on a stock market. Think of it like buying a share of a company. These new ETFs let people invest in the price of XRP without needing to buy and hold the actual digital coin. Ripple is the company that created XRP.
Lots of Money is Flowing In
Since the first XRP ETF launched, three more have also been released. Together, they have attracted almost $900 million from investors. This is called “net inflows,” which means much more money is being put into these investments than is being taken out.
What’s amazing is that every single day the market has been open since November 13, these ETFs have had positive inflows. This means every day, more money came in than went out.
Which Companies are Offering These ETFs?
The first ETF was from a company called Canary Capital. Since then, other big investment companies have launched their own, including:
Another company, 21Shares, is expected to release its own XRP ETF soon.
Breaking Down the Numbers
Information from a data company called SoSoValue shows that for 13 straight days, money has been flowing into these funds.
- On the very first day, investors put in over $243 million.
- In just the first three days of December, more than $207 million was invested.
- The total amount invested since November 13 is now $874.28 million.
These XRP funds are doing even better than similar funds for other big digital currencies like Bitcoin (BTC) and Ethereum (ETH) during the same time period.
But the Price of the XRP Coin is Struggling
Even though the new investment funds are a big success, the price of the actual XRP cryptocurrency has not been doing as well.
So far this year, its price has gone down. It started 2025 at $2.32 and is now worth around $2.15. The price tried to go up to $2.20 recently but failed to stay there.
However, some experts are still hopeful. They think the price could rise to $2.75 if it can get past a key price of $2.28. For now, XRP’s price is still more than 40% lower than its all-time high price of $3.65.