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As the year draws to a close, one question begs: could this finally be the heyday of ETFs? If the corrections darkened the month of November, the climate seems to be turning. Between bitcoin regaining color and XRP ETFs attracting institutional investors, the cryptosphere is bubbling, but cautiously. There are many signals, sometimes contradictory, often interesting. Markets are searching, investors are researching. And some products explode. Unraveling the intense week between the return to grace, the movement of funds and the appetite for regulation.
In short
- Bitcoin returns to $91,000 after falling, benefiting from a more favorable monetary climate.
- XRP ETFs accumulate $676 million, signaling strong and growing institutional demand.
- Crypto whales adjust their positions and send thousands of BTC to exchanges.
- Options and ETFs indicate a gradual return of risk appetite in the markets.
XRP, the new cash cow crypto ETF?
It is clear that ETFs have boosted the price of XRP. The numbers speak for themselves at this point: $676.49 million in assets under management for the XRP ETF as of November 26, with a net inflow of $21.81 million that day alone. The market seems to be confirming the trend: institutional investors want their stake in Ripple. Bitwise leads with an inflow of $7.46 million, followed by Canary Capital ($5.21 million) and Franklin Templeton ($4.83 million).
Even in a poly-liquidation climate, the apparent calm of the XRP price (around $2.23) hides structural momentum. Funds are multiplying, the volumes are as follows: $38.12 million exchanged in one day. A clear sign according to SoSoValue analysts: demand is not weakening, but taking up. In less than a week, XRP ETFs attracted $230 million. At this rate, a billion seems within reach.
In a comment conveyed by specialized media, the analyst sums up the atmosphere: the massive inflows are not a simple windfall. They reflect a clear institutional strategy: ignore volatility shocks and focus on structured, regulated products, calibrated to last. In other words, the game is no longer about speed, but about depth.
Bitcoin, a reflection between relief and staging
After falling to $82,000, Bitcoin rebounded to flirt with $91,000. A touch or a real twist? According to Vincent Liu, CIO at Kronos Research, it’s a classic:
Bitcoin’s bounce above $90,000 reflects a classic rally after an oversold situation; after a sharp decline, buyers are coming back… The general risk-on sentiment, fueled by an 80% chance of a rate cut by the Fed in December, is providing the market with the momentum it needs to stabilize and regain momentum.
Behind the scenes, the signals are mixed. On the one hand, the probability of a Fed rate cut is close to 85%, which supports risk appetite. On the other hand, a palpable caution remains. The market appears to be driven by renewed optimism rather than solid organic momentum. HashKey’s Jeffrey Ding talks about “natural recovery”, without a catalyst. Volumes remain low, as is often the case during the US holiday season.
BTC remains in volatile territory. But its return above the psychological level of $90,000 revives bullish scenarios. Other cryptocurrencies follow: ETH +3.1%, BNB +4%, SOL +3.3%, while ADA continues to suffer with -7% for the week.
Whales, options and XRP: the other side of the flows
Behind the increases, the mechanics remain complex. The whales have moved: 700,000 BTC transferred by long-term holders, 9,000 BTC on exchanges in one day, and a soaring average deposit size on Binance – from 12 BTC to 37 BTC. These numbers are not trivial: they signal profit-taking or even strategic reduction of portfolios.
On the derivatives side, the atmosphere has changed. Options left the protective bands (80,000-85,000) to target calls at 100,000. Way to say: we’re not there, but we believe in it. Funding rates are returning to the green, a sign that demand for long positions is returning. Like a breath.
Meanwhile, ETFs continue to drain capital. On November 26, Bitcoin spot funds accumulated a net inflow of $21.12 million, compared to $60.82 million for Ethereum and $21.81 million for XRP. Solana shows a withdrawal of -$8.1 million, which is proof that the party is not generic.
Numbers that indicate a trend
- $91,458: Bitcoin price at time of writing;
- $676.49M: total outstanding XRP ETF as of November 26;
- 700,000 BTC: transferred by long-term holders in two days;
- $230 million: amounts deposited into XRP ETF in one week;
- 3.8: long/short ratio of large accounts on Binance, a 3-year high.
One thing is certain: the crypto year will not end indifferently. Especially since Bitwise’s Dogecoin ETF was just validated by the NYSE. One question remains: will the market be ready to play the game, or is this just another blip?
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The blockchain and crypto revolution is in full swing! And on the day the effects are felt by the most vulnerable economy in this world, I will say against all hope that I had something to do with it
DISCLAIMER OF LIABILITY
The comments and opinions expressed in this article are solely those of the author and should not be considered investment advice. Before making any investment decision, do your own research.
