XRP ETFs Post 11 Consecutive Days of Positive Flows Despite Price Decline

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Based on Criptonoticias, XRP-based ETFs on Wall Street have recorded 11 consecutive days of positive inflows, accumulating $756 million since their launch in mid-November. On December 1, the four U.S.-listed XRP ETFs added $89 million in new capital, with the Canary Capital-managed fund leading the inflows with $349 million in assets under management. Despite this institutional interest, XRP's spot price fell 9% over the past week, dropping from $2.28 to $2.02. The ETFs' limited daily trading volume—around $41 million—contrasts sharply with Bitcoin ETFs' $4.69 billion daily volume, insufficient to significantly impact XRP's price. Meanwhile, Ripple continues to expand its regulated operations, including approval from Singapore’s MAS and the authorization of its stablecoin, Ripple USD (RLUSD), for use in the Abu Dhabi Global Market (ADGM).

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