XRP Funds Record Weekly Inflows as Institutional Investors Dump SOL
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The crypto market saw mixed trading patterns last week, with large retail outflows in an attempt to avoid liquidations. Several assets like Solana (SOL) and XRP were at both ends of the flow yardstick as institutional activity declined. The general outlook led to plummeting prices, keeping SOL at $191, below the $200 level.

CoinShares Digital Asset Fund Flows shows institutional investors poured $8.8 million into XRP last week. This spiked monthly inflows of over $288 million after bulls dominated community narratives in December. Although the previous week’s numbers were higher, XRP traders showed signs of a wider market rebound.

This year, the asset’s products have seen $430 million, a little shy of the $500 million mark as projected by bulls with less than two weeks to end the year. XRP fee massive activity around Q4 2024, soaring to highs not seen in years. The asset recorded exits in recent months as institutional and retail saw plunging sentiments due to the Securities and Exchange Commission’s lawsuit.

The outcome of the US elections fueled XRP inflows as commentators stressed pro-crypto regulations in the country. The aftermath saw the asset’s market cap move over $130 billion, temporarily outpacing USDT to become the third-largest crypto asset. This month, XRP was the most traded altcoin on Binance, boosting confidence ahead of 2025.

Notably, key drivers of the asset are Ripple’s global partnerships to facilitate cross-border payments and anticipated spot XRP ETFs in the United States.

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Wider Market Records Mixed Flows

“Recent price corrections resulted in a $17 billion reduction in total assets under management (AUM) for Digital Asset ETPs, likely in response to the hawkish dot plot released by the FOMC on Wednesday. While these outflows may sound alarming, they comprise just 0.37 of the total AUM ranking as the 13th largest single-day outflow on record. The largest single-day outflow took place in mid-2022,” CoinShares wrote.

Solana funds recorded outflows as institutional investors parted ways with the asset in the last seven days. The asset saw 8.7 million exits, with monthly outflows soaring to $22 million. Solana was hailed as an institutional favorite based on consecutive weekly inflows.

Meanwhile, Bitcoin attracted $375 million in inflows in the same time frame, taking monthly numbers slightly over $5 billion. Institutional investors continue their strategy ahead of anticipated BTC price growth next year. Ethereum also saw $51 million weekly inflows, which added to its yearly numbers.



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