XRP ETF Outperforms BTC, SOL, ETH, but XRP Price in a Make-Or-Break Situation

The spot XRP exchange-traded funds (ETFs) continued to see healthy inflows at $38 million on December 8, outperforming some of the top assets like Bitcoin

BTC
$90 623



24h volatility:
1.4%


Market cap:
$1.81 T



Vol. 24h:
$43.64 B

, Ethereum

ETH
$3 135



24h volatility:
0.2%


Market cap:
$376.62 B



Vol. 24h:
$22.58 B

, and Solana

SOL
$133.4



24h volatility:
3.1%


Market cap:
$74.64 B



Vol. 24h:
$4.55 B

.

While XRP ETFs approach the $1 billion mark, the XRP

XRP
$2.08



24h volatility:
0.4%


Market cap:
$124.90 B



Vol. 24h:
$2.57 B

price continues to struggle and is currently testing support at $2.04.

Spot XRP ETFs See 16 Days of Inflows

Spot XRP ETFs have now seen 16 consecutive days of inflows since launch last month, highlighting strong institutional demand for the product. On December 8, the inflows across four ETFs from Grayscale, Canary, Bitwise, and Franklin, stood at $38 million, as they collectively scooped over 16 million XRP tokens from the market.

On the other hand, the net flow across all Bitcoin ETFs was a negative $60 million. Only Ethereum ETFs came closer to XRP flows at $35.49 million inflows, while Solana ETFs saw a minor $1.18 million in net inflows.

21Shares Prepares to Join the ETF Race

On the other hand, asset manager 21Shares is looking to join other market players and is close to launching its own XRP ETF.

The asset manager recently submitted its S-1 documentation to the U.S. Securities and Exchange Commission (SEC).

As per the SEC filing, the firm is now making some final adjustments ahead of the proposed XRP ETF debut. The filing still includes a delaying amendment, indicating that 21Shares is awaiting either a CERT filing or formal SEC approval.

The latest amendment also lowers the product’s management fee from 0.50% to 0.30%. The issuer has not announced any fee waiver at this stage.

Amid continuous inflows, the Ripple ETFs continue to see strong institutional demand.

 

XRP Price at a Make-Or-Break Junction

Crypto analyst CasiTrades reported that XRP price has retested the macro 0.5 Fibonacci support level near $2.04.

The analyst noted that the move represents a key decision point rather than a confirmed shift in trend.

A break above the $2.41 resistance, with momentum toward $2.65, would be required to confirm a bullish continuation.

 

If XRP price falls back below the $2.04 support, the analyst warned that downside targets could reopen toward $1.73 and further to $1.64, aligning with the 0.618 macro support level.

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Source: https://www.coinspeaker.com/xrp-etf-outperforms-btc-sol-eth-but-xrp-price-in-a-make-or-break-situation/