Spot XRP ETF Cross $1B as Investors Shift Beyond Bitcoin

This week, U.S. spot XRP exchange-traded funds (ETF) passed $1 billion in total inflows, marking an important moment for the digital asset market. The move shows rising investor interest in altcoins through regulated investment products. 

This trend continues even as Ethereum and Bitcoin ETFs experienced heavy outflows due to wider market uncertainty.

XRP and Solana ETF Products Draw New Investment

On-chain data shows that spot XRP ETFs recorded net inflows of $10.89 million on December 14. Funds managed by Canary, Grayscale, and Franklin Templeton each received new investments.

These inflows lifted total investment in spot XRP ETFs above one billion dollars since the first fund launched on November 13. The milestone reflects growing demand from institutions seeking regulated access to digital assets beyond Bitcoin and Ethereum.

Investors continue to show interest in assets that offer clearer regulatory paths and distinct use cases, despite ongoing global economic caution.

Spot Solana ETFs also posted strong results. The first two products, launched in October, brought in $35.2 million in net inflows on the same day. Cumulative inflows for Solana ETFs now stand at $711.3 million.

These steady inflows show that investors are spreading their crypto investments. Many are now looking beyond the biggest tokens. They are putting money into networks that are growing and have strong long-term potential.

Bitcoin and Ethereum ETFs Record Major Outflows

While altcoin ETFs gained momentum, spot Bitcoin ETFs moved in the opposite direction. On Monday, the digital funds recorded net outflows of $357.7 million, the largest single-day exit in nearly a month. 

Fidelity’s FBTC led the decline with outflows of $230.1 million, followed by Bitwise’s BITB with $44.3 million. Funds from Grayscale, Ark and 21Shares, and VanEck also saw money leave.

This marked the biggest Bitcoin ETF outflow since November 20, when more than $900 million exited the products in one day.

Spot Ethereum ETFs followed a similar pattern. The investment funds posted net outflows of $224.8 million on Monday, their largest daily outflow since November 20. The move reflected broader caution among investors as market conditions tightened.

Bitcoin Price Drops Amid Market Jitters

Bitcoin’s price reacted sharply to the shifting sentiment. The top coin fell from an early high near $89,000 to around $85,500 later in the day. By early Tuesday, the price recovered slightly to about $86,080.

The decline came as traders moved toward safer assets. In addition, a recent interest rate cut failed to lift market confidence. Reduced year-end liquidity and the unwinding of leveraged positions also added further pressure.

Nevertheless, investors remain confident, as industry leaders believe strong institutional adoption will increase Bitcoin’s market value.