What To Know:
- The Canary XRP ETF recorded a strong single-day net inflow of $15.82 million on November 19, lifting its total net assets to $269 million.
- Bitcoin spot ETFs saw $75.47 million in net inflows, breaking a five-day outflow streak, while Ethereum spot ETFs posted $37.35 million in outflows.
- Altcoin ETFs showed mixed movement: HBAR added $577,000, LTC saw no new inflows, and US-listed XRP and HBAR products continued to build sizable cumulative totals.
The Canary XRP ETF (exchange traded funds) saw a massive net inflow of $15.82 million on November 19. That one‑day addition pushed the fund’s total net assets to $269 million, with the XRP asset class representing 0.22% of its holdings.
XRP ETF Sees Massive Daily Inflow
The most recent numbers indicate an ongoing uptick in interest in XRP-linked products even as the crypto market generally faces the challenges of changing capital flows.
Other altcoin-focused ETFs performed differently during the session. The Canary HBAR Spot ETF gained $577,000 in new capital, bringing its total net assets to $58.1 million. HBAR accounted for 0.96 percent of the fund’s allocation. Meanwhile, the Canary LTC Spot ETF saw no changes in daily inflows. Its total net assets held at $7.74 million, with Litecoin making up 0.11 percent of the portfolio.
Bitcoin funds recorded the strongest move among major crypto ETFs. Spot Bitcoin products drew $75.47 million in net inflows on November 19, ending a five-day streak of withdrawals. The combined net asset value of Bitcoin spot ETFs rose to $117.345 billion, equal to 6.57 percent of Bitcoin’s total market capitalization. Historical cumulative inflows now stand at $58.3 billion.
Across US-listed products, the divergence in cumulative fund flows remains visible. The US Litecoin ETF has accumulated $7.26 million over its lifetime. The US XRP ETF reached $292.61 million in cumulative inflows, with the latest session contributing $15.82 million. The US HBAR ETF climbed to $75.29 million in cumulative inflows after attracting $577,180 on November 19.
Ethereum-linked funds moved in the opposite direction. Ethereum spot ETFs posted $37.35 million in net outflows on the same day, extending a week-long pattern of withdrawals. Total net assets for Ethereum spot ETFs stood at $18.194 billion, which is 5.12% of Ethereum’s market capitalization. Cumulative inflows remain substantial at $12.838 billion, but recent outflows have attracted notice from analysts monitoring institutional behavior. The recent flows are part of a market still defining its risk appetite, observers said. Other funds benefited from investors repositioning after steep price moves earlier this month. Others seemed more sensitive to liquidity conditions and the absence of near-term catalysts. Participants noted that institutional investors weigh regulatory guidance, product structure, and long-term portfolio fit before allocating to emerging crypto ETFs. Regulation remains the key factor in these inflows. The Securities and Exchange Commission recently adopted generic listing standards, allowing exchanges to list certain crypto ETFs without seeking individual exemptions. Much of that depends on surveillance sharing arrangements and trading volume data from established venues. Industry sources say the standards provide issuers with clearer guidance and help avoid delays that affected fund launches in the past.
Another area which is receiving attention is staking. Market analysts said institutional demand remains closely tied to clarity on whether staking rewards can be incorporated into ETF structures in a compliant manner.
Issuers are preparing for an active product cycle. Matt Hougan, chief investment officer of Bitwise, said on CNBC that a new phase of ETF development is underway, supported by review reopenings and updated regulatory guidance. He projected more than 100 new crypto-linked exchange-traded products could reach the market, covering both single-asset exposure and diversified index strategies. His comments were issued during a period when Bitcoin had retreated sharply from earlier highs and altcoins were experiencing pressure, but he stated that structural demand for regulated products continues to grow.
Also Read: Will SEC Missing Litecoin ETF Deadline Affect XRP and Solana ETFs?
