Key Highlights
- 29, 2025 at 3:10 pm UTC Share Cover art/illustration via CryptoSlate.
- Image includes combined content which may include AI-generated content.
- XRP is ending 2025 with one of the most paradoxical profiles in the crypto market, thanks to record-breaking institutional inflows colliding with one of the weakest price charts. According to CoinShares data, XRP investment products attracted approximately $70.2 million in net new money in the final trading week of December.
- This pushed its monthly inflow to more than $424 million, making it the best-performing crypto investment product for the month. During the month, Bitcoin products recorded $25 million in outflows, while Ethereum funds shed $241 million. Crypto Assets Weekly Flows (Source: CoinShares)Yet, the spot tape tells a sharply different story. According to CryptoSlate's data, XRP traded near $1.87 as of press time, cementing a 15% decline for the month and languishing at the bottom of the performance table for the 10 largest crypto assets. That split between record appetite for regulated “wrappers” and a sagging spot price suggests a market that is quietly changing hands, shifting from retail momentum traders to model-driven institutional allocators. ETF flowsThe divergence has been building throughout the fourth quarter but accelerated significantly in the holiday-shortened weeks of December. Since mid-October, when US-listed spot XRP products began trading, the category has attracted more than $1 billion in net inflows, according to product disclosures and exchange data. This steady demand has contrasted sharply with the choppy, volatile flows seen in older crypto ETPs, where profit-taking and year-end de-risking have been recurring themes. While Bitcoin ETF holders have been rotating capital to harvest tax losses, buyers of XRP products appear to be executing a different mandate entirely. The Canary XRP ETF (XRPC) has emerged as the bellwether for this new trade.
- The fund has gathered more than $300 million in assets since its launch and set a 2025 record for first-day trading volume among US ETFs, according to SoSo Value data. The scale of the fund is critical; it provides wealth managers and model-portfolio providers with a liquid, defensible vehicle that fits seamlessly into standard brokerage and custody workflows—a prerequisite for adding any asset to client line-ups. Flows of this nature are typically driven less by traders attempting to time the market and more by process.
