The XRP streak continues, while others bleed out. The different investor behavior toward the spot crypto ETFs continues, as the BTC and ETH funds are still bleeding out heavily. The streak continued on December 23, with a relatively modest gain of $8.19 million. Monday was more impressive as $43.89 million entered the funds.
Nevertheless, the total net inflows into the spot XRP ETFs have grown to $1.13 billion, according to data from SoSoValue. The other altcoin that has enjoyed investors’ attention is SOL. The eight spot SOL ETFs were last in the red on December 3, and have attracted well over $130 million since then. However, the total net inflows are still behind XRP’s, with $754 million as of Tuesday’s close.
Bitwise’s BSOL continues to lead the pack, with a substantial cumulative net inflow of almost $620 million, while 21Shares’ TSOL is deep in the red. The two largest cryptocurrencies, which also have the oldest ETFs tracking their performances, have lost their mid-year momentum and have been mostly in the red for the past several weeks. The spot Bitcoin ETFs’ net inflows peaked at $62.77 billion on October 9, but have since shed nearly $6 billion to $57.08 billion as of December 23, a day on which another $188.64 million left the funds. The spot Ethereum ETFs are in a similar dire state.
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