XRP gains favor among institutions against the trend, ETF net inflows exceed $1 billion, marking 22 consecutive days of positive growth

【Crypto World】The recent week has been interesting for XRP — the price has dropped nearly 9%, but spot XRP ETFs are continuously attracting funds. On December 16th alone, the net inflow reached $8.54 million, and since launch, a total of over $1 billion has entered the market, with 22 consecutive trading days of positive capital inflow. This phenomenon is quite worth pondering, indicating that institutional investors’ long-term optimism for XRP has not changed due to short-term price fluctuations.

From a technical perspective, the key support is currently around $1.83, with ample liquidity above at the $2.27 level, and buying interest is relatively strong. Even more interesting is that XRP’s ecosystem is accelerating its expansion — it is about to become the core trading pair on the Wormhole platform with RSUSD, and CME is also preparing to launch spot quote XRP futures. These signals suggest that XRP is gradually evolving from a simple payment currency to multi-chain interaction and derivatives, continuously broadening its application scenarios. The sustained buying by institutions and spot ETFs, to some extent, validate the market’s recognition of these new developments.