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BTC, SOL, and XRP Explode: ETF Inflows Rocket with Vanguard’s Major Move

44m ago
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Bitcoin BTC $92 815 24h volatility: 7.1% Market cap: $1.85 T Vol. 24h: $90.32 B , Solana SOL $142.2 24h volatility: 12.1% Market cap: $79.59 B Vol. 24h: $7.85 B , and XRP XRP $2.18 24h volatility: 8.6% Market cap: $131.95 B Vol. 24h: $4.79 B turned bullish with BTC reclaiming $93k, SOL breaking above $142, and XRP around $2.19, while their respective exchange-traded funds (ETFs) raked in massive inflows.

Bitcoin Strength Rises as ETF Demand Builds

Bitcoin shot past $93,000 with spot ETF inflows recording a net inflow of $58.49 million on Dec. 2, data from SoSoValue shows. This was the fifth straight day of positive flows, and BlackRock’s IBIT stood out, adding $120 million in one day.

Meanwhile, ARKB posted a large outflow of $90.93 million. Bitcoin spot ETFs now hold $119.58 billion in assets, equal to 6.58% of the asset’s total market value.

IBIT also recorded roughly $3.7 billion in volume, even surpassing Vanguard’s flagship S&P 500 ETF. According to entrepreneur Shanaka Anslem Perera, Wall Street made a coordinated move, ‘capturing’ BTC in 216 hours.

Between Nov. 24 and Dec. 2, JPMorgan, Goldman Sachs, Bank of America, and Vanguard, which together command more than $20 trillion, made huge moves towards BTC adoption.

Solana, XRP Stand Out

Solana printed a massive 12% gain in 24 hours as Solana spot ETFs raked in $45.77 million on Dec. 2. Bitwise’s BSOL led with $29.45 million in inflows, while Fidelity’s FSOL added $6.92 million.

The Solana spot ETF now holds $930 million in assets with a net asset ratio of 1.20%, and its cumulative inflow sits at $651 million.

On the other hand, XRP trades around $2.19 after gaining almost 10% in the past day. The asset saw a total net inflow of $67.74 million. Grayscale’s GXRP added $45.78 million and now holds a total of $170 million, while Franklin’s XRPZ saw $8.22 million in inflows.

Totals for the XRP spot ETF stand at $845 million in net asset value, with a 0.65% asset ratio.

Vanguard Opens the Gates

According to a Bloomberg report, Vanguard, the $11 trillion asset manager, has allowed trading of crypto ETFs and mutual funds on its platform. This now opens the door for 50 million clients who once lacked direct access to these assets.

Vanguard noted that crypto funds have shown stable function and liquidity across volatile cycles, a key factor behind its decision.

Analyst Fred Krueger said that Vanguard dominates retirement accounts, index mutual funds, and long‑term passive portfolios. “The idea of Vanguard allowing and embracing BTC is HUGE,” Krueger said.

The post BTC, SOL, and XRP Explode: ETF Inflows Rocket with Vanguard’s Major Move appeared first on Coinspeaker.

44m ago
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