XRP ETFs reached $1.44 billion in cumulative flows since November 2025. XRP price has fallen by nearly half over the same period. Those inflows are “nearly impossible” for new ETFs during drawdowns, said Eric Balchunas, an ETF expert at Bloomberg Intelligence. XRP spot exchange-traded funds have been defying conventional wisdom about how new investment products usually behave during market crashes.
Traditionally, inflows are near impossible for an ETF having a reverse shiny object moment, and especially if they are brand new. My guess is this degree of inflows is largely XRP superfans versus casual retail, he said. A group of people that buys the asset — and the XRP Army is incredibly bullish and loves XRP, he said.
Indeed, XRP has one of crypto’s most devoted followings. It has stuck by the token through years of regulatory uncertainty, exchange delistings, prolonged bear markets, and the derision of the broader crypto ecosystem. Solana is mirroring XRP’s relentless inflows despite a plummeting price.
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