Ether exchange-traded funds recorded a meaningful reversal after a week-long run of withdrawals, as institutional flows shifted toward select altcoin products. The move, led by a net inflow into Ether ETFs on December 23, 2025, contrasts with sustained, multi-week demand for XRP-focused products and signals a rotation of capital within crypto exchange-traded products.
On December, Ether exchange-traded funds posted a net inflow of $84.59 million, snapping a seven-day streak of outflows and ending a period that had included roughly $700 million of withdrawals the prior week and $1.26 billion from November 13 to December 12. Derivatives positioning and a stable long-to-short ratio were cited as supporting factors keeping Ether technically supported above $4,300.
XRP spot products showed the opposite momentum. Since their November 13 debut they recorded an unbroken 30-day inflow streak and cumulative net inflows exceeding $1.1 billion, with overall spot XRP ETFs surpassing the $1 billion assets-under-management threshold.
The first Nasdaq-listed XRP spot ETF logged day-one inflows of $245 million, and on December 22, 2025, XRP products posted a $43.9 million net inflow, the strongest daily figure since early December. Despite that, XRP’s spot trading range during this period was roughly $1.87–$2.04, indicating that ETF buying has not consistently driven immediate price jumps.
Market context and implications
The contrast in flows highlights a nuanced institutional approach: some allocators reduced exposure to larger caps like Bitcoin and Ether for profit-taking or rebalancing, while others allocated fresh capital to selected altcoin exposures such as XRP and Solana.
The scale of XRP’s steady inflows stands out beside Ether’s modest re-entry; the XRP complex has gathered more than $1.1 billion cumulatively versus the single-day $84.59 million Ether inflow that ended the outflow streak.
Market participants should note that strong ETF inflows do not automatically translate into immediate spot-price rallies, as shown by XRP’s muted price range despite record ETF demand.
For Ether, technical resilience above $4,300 is supported by derivatives metrics, but analysts in the reporting stressed that sustained, repeated inflows would be needed for Ether to re-approach prior highs.
The recent data show a clear capital rotation within crypto ETFs: Ether saw a pause in withdrawals, while XRP products continued durable accumulation.
