XRP spot ETF sees nearly $900 million in inflows within 15 days of launch—an obvious signal of institutional entry?

[Crypto World] The hype around the XRP spot ETF is still fermenting. Since its launch on November 14, in just 15 days, net capital inflow has already approached the $900 million mark—the exact figure is $897.35 million. This pace is quite impressive among ETF products.

The sources of capital are also interesting. Established institutions like Canary Capital and Grayscale are present, and Franklin Templeton and Bitwise are not absent either. Some analysts believe that XRP’s ability to attract so much institutional capital is directly related to the regulatory stance warming up after the conclusion of its previous lawsuit. Combined with its good liquidity and high brand recognition, XRP indeed has certain advantages.

What’s even more noteworthy is that during recent overall market volatility, over-the-counter trading platforms have actually provided stability support for XRP. This kind of structural support is quite attractive to institutional capital. Whether it can truly break through the $1 billion mark next is something the market is closely watching.