XRP News Today: Institutional Demand Fuels $950M XRP ETF Inflows as 21Shares Launches TOXR on Cboe

21Shares has launched the 21Shares XRP ETF on Cboe with the ticker symbol TOXR, marking a significant milestone in the growing U.S. XRP ETF market. The ETF was recently approved by Cboe, making it the fifth XRP ETF in the U.S. and bringing total inflows for the asset class close to $1 billion. Institutional interest remains strong, with over $170 million in weekly inflows despite XRP's price remaining stagnant below the $2.09–$2.10 resistance level.

The TOXR ETF is structured to track the CME CF XRP-Dollar Reference Rate and is backed by 100 million XRP in liquidity, worth approximately $226 million. This support is expected to enhance the fund's stability and appeal to traditional investors who may be hesitant to handle private keys or manage self-custody of XRP.

The ETF employs a multi-custodian security model, with assets held by Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company. This approach aligns with regulatory best practices and addresses security concerns that have historically been a barrier for institutional investors in the crypto space.

Market Momentum and Institutional Demand

XRP ETFs have quickly become one of the fastest-growing segments in the U.S. crypto market. In less than a month, the four active spot funds have attracted around $954 million in inflows with no net outflow days. This growing demand highlights the increasing institutional appetite for regulated crypto exposure, particularly in assets like XRP that offer a blend of utility and regulatory clarity.

The launch of TOXR comes amid a broader wave of cryptocurrency ETF approvals. According to Bloomberg analyst Eric Balchunas, 124 cryptocurrency ETFs are currently in the regulatory pipeline, with XRP standing out as a notable contender with 10 pending applications. This surge in ETF interest reflects a shift in the institutional investing landscape, where digital assets are increasingly viewed as legitimate portfolio components.

Technical Outlook and Market Sentiment

Analysts are closely watching XRP's technical indicators, which suggest the asset may be entering a pre-expansion phase. EGRAG CRYPTO, a cryptocurrency analyst, notes that XRP has completed a long sideways accumulation range and is now positioned for potential upward movement into 2025–2026. The current price structure, with weekly support levels intact and no topping signals from the Relative Strength Index (RSI), supports a bullish case if the asset can break through key resistance levels.

Despite this optimism, XRP's price has shown limited movement in recent weeks, with spot prices easing from around $2.11 to $2.04 over the past 24 hours. Trading activity remains robust, with daily volumes in the $3.5 to $4 billion range. This suggests that market participants are actively positioning for potential price action rather than retreating from the asset.

Implications for Investors and Broader Market Trends

For investors, the growing availability of XRP ETFs offers a streamlined and regulated way to gain exposure to the asset without the complexities of managing private keys or navigating unregulated exchanges. The TOXR ETF's 0.3% annual sponsor fee, calculated daily and paid weekly in XRP, is competitive with other crypto ETFs and aligns with the broader trend of institutional-grade custody and operational transparency.

The broader crypto ETF landscape is also evolving rapidly, with spot ETFs for Bitcoin, Ethereum, and now XRP gaining traction. The approval of these funds is helping to stabilize price volatility and attract a wider pool of institutional capital. As of December 9, 2025, Ethereum and Solana spot ETFs also saw significant inflows, highlighting the diversification of interest within the crypto asset class.

Regulatory and Structural Considerations

Regulatory clarity remains a key factor in the continued growth of XRP ETFs. The Cboe approval of TOXR follows a rigorous process, with the S-1 filing still pending final regulatory sign-off. However, the procedural delay is seen as largely symbolic, with all key exchange requirements met. The multi-custodian model and liquidity seeding further support the fund's compliance with U.S. regulatory expectations as detailed in the original report.

The growing presence of XRP ETFs is also influencing market sentiment and investor behavior. Despite XRP's price stagnation, the lack of outflows and strong inflows indicate a level of conviction among institutional investors. This is particularly notable in a market environment where Bitcoin ETFs have seen mixed flows, with net outflows reported on some days.

Conclusion

The launch of the 21Shares XRP ETF on Cboe represents a significant development in the U.S. crypto ETF market. As the fifth XRP ETF in the country, TOXR builds on the momentum generated by recent approvals and growing institutional demand. The fund's structure, liquidity backing, and security model position it as a compelling option for investors seeking regulated exposure to XRP.

With the broader crypto ETF market continuing to expand, and regulatory hurdles for new products being cleared, the landscape for digital asset investing is set for further evolution. XRP ETFs, in particular, are emerging as a key segment, driven by both technical optimism and the need for institutional-grade access to a growing asset class.