The final weeks of 2025 have confirmed the fears of a looming crypto market winter, defined by a period of volatility and falling prices.
As global crypto volatility peaked and major coin prices tumbled, the sector’s two giants, Bitcoin and Ethereum, became primary casualties.
Bitcoin and Ethereum ETF suffer losses
From mid-November to mid-December, US spot Bitcoin [BTC] and Ethereum [ETH] ETFs collectively bled a staggering $4.6 billion in net outflows.
Yet, in the shadow of this mass exodus, a single, US-listed spot XRP ETF has quietly achieved an unbroken streak of consecutive net inflows.
Since their debut on the 13th of November, these funds have attracted nearly $1 billion in new capital in a month, contrasting sharply with the BTC and ETH panic.
XRP ETF vs. BTC ETF and ETH ETF
According to data from SoSoValue, Ripple [XRP] spot ETFs have attracted fresh capital every single trading session, with total net assets now climbing to about $1.12 billion.
Crucially, not a single day of net redemptions has been recorded across the five products.
Meanwhile, the incumbent crypto ETFs are facing mounting pressure.
Over the same 30-day window, US spot Bitcoin ETFs have hemorrhaged approximately $3.39 billion in net outflows, punctuated by severe individual episodes, such as the single-day withdrawal of roughly $903 million on the 20th of November.
This trend continued even on the 15th of December, when Farside Investors reported combined single-day outflows of $357.6 million for BTC ETFs and $224.8 million for Ethereum ETFs.
Execs weighing in
Expressing on this divergence, Ripple CEO Brad Garlinghouse noted,
“<4 weeks, and XRP is now the fastest crypto Spot ETF to reach $1B in AUM (since ETH) in the US.”
For Garlinghouse, this divergence is not a market fluke, but the logical outcome of a rapidly maturing asset class.
In his comment, Garlinghouse also pointed out two key factors behind the surge in ETF inflows: strong demand for regulated crypto products and a growing investor focus on long-term stability.
He said that the rapid $1 billion inflow shows how much appetite there is for compliant crypto options.
Traditional finance giants like Vanguard have also made crypto available in retirement and standard trading accounts, opening the door to millions of everyday investors who don’t need technical knowledge.
This Garlinghouse believes to be the new “off-chain” investor group that values simplicity and regulation over speculation.
Echoing a similar sentiment, another X user -Coach JV added,
“XRP is the GOAT!”
Yet, despite the clear, structural demand evidenced by the data, this institutional confidence has yet to translate into a speculative price surge, creating the final great paradox of 2025.
Token’s price action and more
While Bitcoin and Ethereum are posting heavy losses, with BTC down by 3.59% to $86,561.58 and ETH down by 6.1% to $2,947.47, XRP has also slipped 5.32% to $1.89 thanks to the broader market downturn.
In fact, even with this positive ETF momentum, the price of XRP has remained stubbornly flat near the $2 mark.
Therefore, with 2026 on the horizon, it will be interesting to see whether this trend is merely a short-term anomaly or the beginning of a long-term institutional shift.
Final Thoughts
- The inflow-outflow contrast between XRP and BTC/ETH highlights a maturing market, one where capital rotation mirrors TradFi behaviors.
- XRP’s momentum is emerging at a time when crypto narratives are fractured, making it the “stability anchor” that the market lacks.
