ETF Expert Praises Stability of XRP Funds Despite Recent Investor Exit


Spot Ripple (XRP) ETFs have seen outflows for several days in a row.

Bloomberg’s James Seiffart praised the performance of spot XRP ETFs despite general market uncertainty and underlying asset price woes.

However, the ETF experts’ comments come as the funds have seen several consecutive days of outflows.

XRP ETFs are well-held

The first month after the debut in mid-November was very impressive, as Canary Capital’s XRPC, which was the first such fund to trade on Wall Street, broke the 2025 trading volume record on the day of launch. The first $1 billion in net income was collected in about a month, but the trend has changed significantly since then.

Data from SoSoValue shows that investors poured $666.61 million into these funds in November and $500 million in December. January fell short of those numbers at just $15.59 million, while February picked up the pace slightly to $58.09 million.

March is the first month in the red so far, with current figures showing $26.07 million overseas. This is despite the fact that on March 5, investors took $6.15 million, on March 6, $16.62 million, on March 9, $18.11 million, and on March 10, $3.88 million.

Despite this apparent investor exodus, Seiffart noted that the funds “really held up very well despite the massive price drop.” Interestingly, his data shows that the total amount of XRP ETFs is more than $1.4 billion, while SoSoValue showed a lower figure of $1.21 billion.

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Price return

Although exchange-traded funds have raised more than $1 billion in their four months of existence, the price of the underlying asset has actually fallen behind, as Seyfarth noted. Not only in the last few weeks, when global uncertainty reached new heights, but even when we examine the movements of XRP since November 13, when XRPC was launched.

At the time, the token was trading around $2.50, but hit a 15-month low of $1.11 on February 6. Despite recovering since then, XRP is still trading below $1.40 as of press time, which means it’s down 45% since the ETF’s debut.

XRPUSD March 12. Source: TradingView
XRPUSD March 12. Source: TradingView
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