XRP spot ETFs see $1.2B in net inflows since launch

U.S. spot XRP ETFs have attracted approximately $1.2 billion in net inflows since their launch on Nov. 13 through last week, Crypto Briefing reported. Canary's spot XRP ETF is the largest by assets under management, with around $335 million. It is followed by ETFs from 21Shares, with $250 million, and Grayscale, with $220 million. Despite the inflows, the price of XRP has remained below $2, influenced by selling pressure from large-scale investors and broader market volatility. The outlet added that for XRP to establish long-term growth, it needs a narrative distinct from that of BTC.