US Spot XRP ETFs become fastest growing in the market, approaching $1 billion in 12 days

US spot XRP exchange-traded funds (ETFs) maintained the positive momentum for a twelfth day in a row, with their net inflows totaling $844.9 million per session. Dec. 2, according to data tracked by SoSo.

The continued accumulation of capital from spot XRP ETFs established them as the fastest growing class of major cryptoassets. The funds approach the $1 billion milestone in assets, signaling a significant expansion of regulated crypto exposure beyond bitcoin and ether .

The XRP ETFs saw a combined net inflow of $67.7 million, bringing their cumulative total inflows to $844.9 million since they debuted on Nov. 13, the SoSo data shows. On Monday, the products pulled in $89.65 million, making it one of its strongest sessions since its inception.

The trend makes spot XRP the fastest-growing ETF class and puts it close to the $1 billion asset milestone, a level analysts say is key to long-term institutional adoption.

Wall Street investment firms including Fidelity, Invesco and Franklin Templeton also applied to list spot XRP ETFs, according to the Depository Trust and Clearing Corporation (DTCC).

“Congratulations to $XRPC for $58 million in day one volume, the most of any ETF launched this year,” said Eric Balchunas, senior Bloomberg ETF analyst at X.

While the XRP products are showing impressive momentum, they operate within an increasingly active crypto ETF landscape. Spot Solana ETFs saw a significant rebound after a red day of $13.5 million in redemptions with inflows of $45.7 million and yesterday stood at $651 million in cumulative net inflows.

The much larger spot bitcoin ETFs remain mostly flat at $57.7 billion, while their ether equivalents are at just over $12.8 billion, according to Farside data.

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