Spot Ether ETFs reversed a seven-day outflow streak, taking in $84.6 million, while XRP exchange-traded products added $43.9 million the same day and hit multi-week highs. Taken together, the prints suggest institutions are rotating selectively rather than re-risking the entire crypto sleeve.
Ether rebounds while XRP keeps a one-way flow
Spot Ether ETFs pulling in $84.6 million on December 22, 2025 ended a seven-day redemption run after more than $700 million exited the prior week. Even with that short-term wobble, cumulative net inflows into Ether funds are cited at about $12.5 billion, which keeps the longer-term accumulation story intact despite the recent churn. Market participants framed the one-day turn as quarter-end rebalancing and profit-taking behavior, with regulatory uncertainty still acting as a persistent overhang rather than a resolved variable.
XRP products, by contrast, looked steadier. XRP exchange-traded products brought in $43.9 million on December 22, 2025, marking their strongest daily gain since early December and extending an uninterrupted inflow streak. Since launch, the products are described as having never posted a net outflow day and as cumulatively gathering more than $1.1 billion. That pattern reads less like “hot money” and more like early positioning that is sticking, a practical signal for treasury teams that care about liquidity behavior under stress, not just headline totals.
The broader wrapper landscape stayed uneven. ETPs can include a wider set of structures than ETFs, and spot Bitcoin ETFs showed $142.2 million of net outflows on the same day, contributing to roughly $952 million of net outflows across global crypto ETPs for the prior week. At the same time, some altcoin-linked products—named in the text as Solana and Chainlink—still managed inflows, reinforcing that capital is rotating within the category rather than exiting indiscriminately. The drivers cited are familiar year-end mechanics—positioning and profit-taking—plus concentrated whale selling and delays in legislative clarity, including the Digital Asset Market Clarity Act, which the text flags as an amplifier of cross-product divergence.
From an operational standpoint, this kind of split matters. When flows become product-specific, reporting and controls have to be equally product-specific—custody disclosures, reserve practices, and liquidity-risk language can’t be treated as generic boilerplate. And persistent, one-directional inflows into a single product family can create concentration risk that forces tighter counterparty limits, stronger stress tests, and cleaner segregation policies—especially when regulatory timelines remain unresolved.
The December 22 tape—Ether snapping back, XRP staying consistently bid, and Bitcoin leaking—looks like selective institutional appetite rather than a broad-based rotation. For compliance and treasury teams, the clear takeaway is to lean into disciplined liquidity governance and contingency planning while legislative uncertainty continues to shape allocation behavior.
