Record XRP Spot ETF Inflows Signal Market Activity Surge

The U.S. XRP spot ETF saw a significant influx of funds, with net inflows exceeding $67 million on December 2nd, according to data from SoSoValue. This substantial inflow was driven by Grayscale GXRP contributions of $45.78 million and Franklin XRPZ’s $8.22 million, reaching cumulative inflows of $170 million and $122 million respectively. The total net asset value of XRP spot ETFs stands at a remarkable $845 million, with an XRP market share at 0.65%.

Meanwhile, the Canary HBAR spot ETF recorded a notable inflow of $1.78 million on December 2nd, bolstering its total net asset value to $66.47 million and establishing a market share of 1.08%. The Grayscale DOGE ETF also experienced a modest inflow of $510,000, resulting in a total net asset value of $6.58 million for the DOGE spot ETF. Notably, the LTC ETF remained unchanged.