XRP-linked exchange-traded funds (ETFs) just hit over $60 million in assets under management as of December 17, even as the token’s spot price slipped, according to recent market reports.
At first glance, this might seem contradictory: how can institutional investment in XRP grow while the token itself is losing value? Let’s break it down.
Why ETF Growth Doesn’t Always Move Prices
Chad Steingraber explained on X that the operational structure of ETFs may be behind this disconnect. ETF shares trade throughout the day, but fund managers only calculate net flows at the end of trading and execute purchases of the underlying XRP after market close.
In simple terms: ETF inflows don’t always translate to immediate buying pressure on the spot market.
Analysts also point out that institutional investing is a slow game. Due diligence, risk assessments, and approval processes can stretch over months. So, rising ETF assets often reflect staged capital allocations rather than aggressive, price-driving buying.
Crossed $50Million with an hour and twenty minutes left.
— Chad Steingraber (@ChadSteingraber) December 18, 2025
Somewhere ending between $60 and $65 Million, which would be a record day. 🔥 https://t.co/uIZEkBUecE pic.twitter.com/a8kxCmffdc
XRP Price Trends: Still Under Pressure
XRP has been under downward pressure for months. Traders looking at longer time frames see a sustained downtrend and indicators pointing to potential further declines. Recent price action has tested key support levels, and if these break, analysts suggest the focus could shift to lower price bands.
While $60 million is a milestone, it’s still relatively small compared to larger crypto ETFs. ETF managers may be using hedging or staggered purchase strategies, which further limits immediate impact on XRP’s market price.
On-Chain Data: Hints of Accumulation
Interestingly, data from the XRP Ledger shows that non-empty wallets are increasing, suggesting some holders are accumulating while prices drop. This hints that smart investors might see the current dip as an opportunity to buy at discounted levels.
What This Means for Traders and Investors
The recent ETF inflows signal growing institutional participation in XRP, even as retail market sentiment shows caution. Traders are now watching two things closely:
- Whether end-of-day ETF purchases start driving demand in the spot market.
- If current support levels hold or give way to further declines.
In short, this is a case of slow-moving institutional money vs. faster retail market reactions. While XRP ETFs grow, token prices may still face pressure—but for savvy investors, these trends could be an early signal of future buying interest and accumulation.
