"Pulling in $906 million in just two weeks pushed XRP into Wall Street's spotlight faster than Bitcoin or Ethereum managed during their early ETF phases. This wasn't a retail-driven rush. It was a coordinated wave of professional flows that treated XRP as real settlement infrastructure rather than a trading token. As ETFs tightened supply and futures activity expanded, the market began to view XRP through a different lens, raising the question of whether this momentum can carry the asset toward the $3 mark."
"XRP ETFs pulled in $906 million within two weeks of launch, a pace that surprised even optimistic analysts. Multiple issuers launched in tight succession, giving institutions immediate access across familiar platforms. The accumulation pace shows investors were waiting for regulatory clarity. Once approval came, capital rotated quickly, positioning XRP as a settlement asset rather than a speculative token. Canary Capital launched first on November 13, recording $59 million in trading volume on day one and eventually pulling $245 million in net inflows."
XRP ETFs attracted $906 million within two weeks of launch, drawing rapid institutional attention. Institutional flows treated XRP as settlement infrastructure rather than a trading token, shifting market perception. Multiple issuers launched in tight succession, including Canary Capital, Franklin Templeton, Grayscale and Bitwise, giving institutions immediate access across familiar platforms. Canary Capital launched first on November 13 with $59 million on day one and $245 million in net inflows. The accumulation pace reflected investors waiting for regulatory clarity, and capital rotated quickly once approval arrived. The combined pattern matched early Bitcoin ETF intensity but lacked large trust-to-ETF conversion distortions, while price action remained volatile.
Read at 24/7 Wall St.
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