XRP Spot ETFs Hit $756M Amid Institutional Surge


XRP Spot ETFs Hit $756M Amid Institutional Surge
Image source: CoinToday
- Spot XRP ETFs record 11 consecutive days of inflows, surpassing $756 million in investments. - Vanguard's decision to enable crypto ETF trading reinforces institutional interest in XRP. Spot exchange-traded funds (ETFs) for XRP have achieved an impressive milestone. On December 2, 2025, Cointelegraph reported that these ETFs recorded 11 consecutive days of institutional inflows, totaling over $756 million. This steady investment trend underscores a significant institutional demand for XRP-focused products and reflects broader market confidence despite recent price fluctuations. Cointelegraph also highlighted technical indicators that suggest potential positive momentum for XRP. Specifically, a bullish divergence on the Relative Strength Index (RSI) indicates a possible reversal of the asset's recent downward price trend. Analysts are closely monitoring the resistance range between $2.20 and $2.50, as a successful breakout from this level could propel XRP toward $3 or beyond. Such a move would further reinforce the market's growing optimism. In a significant development, Vanguard announced it will enable its clients to trade cryptocurrency ETFs. Beginning Tuesday, over 50 million clients of the investment giant, which manages over $11 trillion in assets, can access these products, including XRP-focused ETFs. This move by Vanguard highlights accelerating institutional interest as the firm responds to increasing demand from both retail and institutional investors. Initially, the firm will provide access to regulated third-party crypto ETFs and mutual funds for assets including Bitcoin, Ether, Solana, and XRP. According to CoinMarketCap, XRP (XRP) was trading at $2.106 as of December 2 at 15:08 UTC, reflecting a 3.845% rise in 24-hour trading volume. With a market dominance of 4.185%, XRP continues to play a prominent role in the digital asset landscape.
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Market
Published
2025-12-02 15:13
NFT ID
PENDING
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