Since its launch in November, the cumulative net inflow of the US spot XRP ETF has exceeded $1 billion.

According to BlockBeats, on December 16, since its launch in November, the US spot XRP ETF has accumulated net inflows exceeding $1 billion, marking an important milestone in the development of altcoin ETFs. Data shows that on Monday, the spot XRP ETF saw a single-day net inflow of $10.89 million, with products from Canary, Grayscale, and Franklin Templeton all recording capital inflows.

Vincent Liu, Chief Investment Officer at Kronos Research, stated that the spot XRP ETF surpassing $1 billion in assets reflects a growing institutional interest in regulated assets beyond BTC and ETH.

Meanwhile, the spot Solana ETF saw a net inflow of $35.2 million on Monday, bringing its cumulative net inflows to $711 million. In contrast, the spot Bitcoin ETF experienced a net outflow of $358 million on the same day, the largest single-day outflow in nearly a month; the spot Ethereum ETF also saw a significant net outflow of $225 million.

In the market, Bitcoin dropped from a high of around $89,000 to near $85,500 on Monday. Analysts pointed out that macro uncertainty, year-end liquidity tightening, and deleveraging have prompted funds to temporarily flow into relatively "safer" assets.