US-listed XRP ETFs continued to draw steady inflows through December, even as Bitcoin and Ether funds posted sharp monthly outflows. Spot XRP exchange-traded funds (ETFs) in the United States continued to attract capital through December, extending their inflow streak to 29 consecutive days despite choppy market conditions. According to data from SoSoValue, spot XRP (XRP) ETFs recorded $8.44 million in net inflows on Monday, pushing cumulative inflows to $1.15 billion since they launched. Total net assets stood at about $1.24 billion, even as XRP prices and broader crypto markets faced selling pressure during the month. “XRP inflows are a function of regulatory clarity and steady accumulation into a less crowded trade, than BTC/ETH,” Vincent Liu, chief investment officer at Kronos Research, told Cointelegraph, adding that XRP’s cross-border settlement use case “offers differentiated exposure that continues to attract longer-horizon capital.” Read more
Onchain data shows activity holding up on Ethereum, Polygon, Arbitrum and Avalanche even as fee revenue declines across the crypto sector. Several of the biggest blockchain networks handled more transactions in December even as user fees fell, a sign that recent scaling upgrades are increasing capacity and easing competition for block space, according to data compiled by Nansen. Data from Nansen showed that Bitcoin, Tron, Ethereum, Arbitrum, Polygon, Avalanche and The Open Network (TON) recorded month-over-month increases in transactions, while fee revenue declined sharply across the same period. Ethereum transactions increased by 16% despite a 57% decline in fee revenue. Polygon showed a similar divergence, with transaction counts jumping 82% while fees dropped 47%. Arbitrum and Avalanche also showed a very notable transactions-up, fees-down pattern. Read more