According to The Kobeissi Letter, US-listed ETFs have recorded $1.4 trillion in net inflows so far in 2025, setting a new record. Source: The Kobeissi Letter. This already exceeds the previous full-year record by $300 billion and is more than double the 2023 total. Source: The Kobeissi Letter. ETF trading volume is up, per the same update. Source: The Kobeissi Letter. The source did not provide a breakdown by category, including crypto ETFs, so no crypto-specific impact can be quantified from this data. Source: The Kobeissi Letter.

According to @glassnode, off-chain signals weakened this week as spot and futures indicators declined alongside rising sell pressure. According to @glassnode, ETF activity softened amid reduced trading volume. According to @glassnode, options stood out as relatively firmer with rising demand for hedging despite broader risk-off conditions.

According to @EleanorTerrett, Canary Funds launched the first XRP spot ETF on Wall Street under ticker XRPC, describing its debut as record-breaking, which puts immediate focus on liquidity, spreads, and flows for XRP-linked trading strategies; source: @EleanorTerrett on X, Nov 14, 2025. The same post adds that Paul S. Atkins shared next steps in Project Crypto, flagging ongoing regulatory developments traders should track for exchange-traded crypto products; source: @EleanorTerrett on X, Nov 14, 2025. For execution and risk management, traders should monitor XRPC daily volume, AUM changes, bid-ask spreads, and premium or discount to NAV because these metrics affect liquidity and fill quality; source: U.S. SEC Investor Bulletin: Exchange-Traded Funds (Investor.gov). For data confirmation on flows and holdings, check issuer communications and trading updates; source: @CanaryFunds on X.