XRP spot ETFs stood out on December 31 as one of the few crypto-linked ETF segments to attract fresh capital, even as Bitcoin and Ethereum products closed the year with broad outflows.
Inflows Concentrated in Bitwise and Franklin Products
According to the table shown, XRP spot ETFs recorded total net inflows of $5.58 million on the day. The inflows were driven entirely by two funds, while the rest of the lineup saw flat activity.
The largest contribution came from Bitwise’s XRP ETF:
- XRP (NYSE, Bitwise): +$1.63 million, equal to +895.64K XRP
A stronger inflow was posted by Franklin Templeton’s product:
- XRPZ (NYSE, Franklin): +$3.95 million, equivalent to +2.17 million XRP
Together, these two funds accounted for 100% of the day’s net inflows.
Other XRP ETFs See No Daily Flows
The remaining XRP spot ETFs recorded $0.00 in net inflows:
- XRPC (NASDAQ, Canary)
- TOXR (CBOE, 21Shares)
- GXRP (NYSE, Grayscale)
While inactive from a flow perspective, these funds continued to trade at positive premiums, ranging from +0.11% to +0.73%, suggesting stable secondary market demand despite the lack of new allocations.
Premiums Remain Firm Across the Board
Notably, all listed XRP ETFs traded at clear premiums on the day:
- Bitwise XRP: +0.84%
- Franklin XRPZ: +0.85%
- 21Shares TOXR: +0.73%
- Canary XRPC: +0.49%
This uniform premium structure contrasts with the outflow-heavy environment seen in Bitcoin and Ethereum ETFs, reinforcing that XRP exposure remained in demand into year-end.
XRP ETFs Diverge From Broader Crypto ETF Flows
While year-end positioning weighed on Bitcoin and Ethereum ETFs, XRP products showed selective institutional interest. The $5.58 million inflow may be modest in absolute terms, but its significance lies in the divergence: XRP ETFs attracted capital on a day when most crypto ETF segments saw none.
Whether this reflects short-term allocation, relative-value positioning, or growing confidence in XRP-linked products will become clearer as flows develop in early 2026.
