XRP ETFs Grow Past $60M As Price Struggles To Respond
XRP-linked exchange-traded funds reached about $60 million in assets under management on December 17, according to market reports, even as XRP’s spot price slid.
Non-Empty XRP Wallets Steadily Climbing
Meanwhile, reports show that the number of non-empty wallets on the XRP Ledger has been climbing. Santiment has highlighted rising counts of addresses holding some XRP.
Over the past month, while the token fell in price, on-chain wallet activity suggested accumulation by some holders. That pattern raises questions about whether larger buyers are quietly adding to positions.
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What This Means For Traders
For now, markets show mixed signals. ETF AUM growth points to rising institutional involvement over time. Price action, however, signals caution.
Traders and investors will be watching whether end-of-day ETF purchases increase demand on the spot market, and whether the $1.80 level holds.
The coming days and weeks may help reveal whether AUM gains translate into broader buying or if technical pressure continues to dominate.
Featured image from Unsplash, chart from TradingView
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