#ETH走势分析 XRP's ETF product has been live for less than a month, and the total holdings have already surpassed $1 billion. This speed is truly surprising.

According to tracking data from XPMarket, institutions like Canary Capital, Franklin Templeton, Bitwise, and Grayscale have contributed nearly $900 million in net inflows. Honestly, this number reflects a shift in traditional finance's attitude toward XRP—from being on the sidelines to making real, substantial investments.

Interestingly, 21Shares, CoinShares, and WisdomTree are about to launch similar products, while giants like BlackRock and Fidelity haven't made any clear moves yet, but the market is already anticipating their entry. This anticipation alone is fueling investment enthusiasm.

Looking ahead, a few changes may occur:

**On the capital front**, activity will likely remain strong. New institutions are rolling out products one after another, and with industry giants possibly following suit, the momentum behind ETF expansion probably won't stop in the short term.

**The shift in perception** is even more crucial. The involvement of more asset management institutions means XRP's position in the mainstream financial system is becoming more solid, which is a positive signal for its long-term value.

However, it's also worth noting that XRP's price has pulled back by 1.91%, so market sentiment isn't entirely one-sided. In the short term, capital inflows and outflows and news-driven volatility could continue to cause price fluctuations.

The core logic still comes down to whether sustained institutional inflows can offset short-term market volatility.