US Spot XRP ETF Reaches $1 Billion in Inflows as Institutional Demand for Non-BTC/ETH Assets Surges
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COINOTAG News, December 16, reports that the US Spot XRP ETF has surpassed $1 billion in cumulative net inflows since its November launch, signaling rising institutional interest in regulation-friendly altcoin exposure. Monday’s inflow reached $10.89 million across issuers Canary, Grayscale, and Franklin Templeton. Kronos Research CIO Vincent Liu ties the size milestone to durable demand for non‑BTC/ETH assets with regulatory clarity.
Meanwhile, the Spot Solana ETF drew $35.2 million in net inflows on Monday, lifting its cumulative total to $711 million and underscoring continued diversification within regulated crypto vehicles.
On the downside, the Spot Bitcoin ETF posted a $358 million outflow and the Spot Ethereum ETF shed $225 million—the largest single‑day exodus in weeks. Bitcoin dipped from around $89,000 to $85,500 as macro uncertainty, year‑end liquidity tightening, and deleveraging buffeted risk assets.