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Investment firm shuts down XRP army

Posted by Bill Rippel on November 15, 2025 - 1:17am


Investment firm shuts down XRP army, refuses to make XRP ETF flow monitor

Farside Investors has rebuffed repeated requests from XRP holders for dedicated exchange-traded fund (ETF) flow data.

After receiving multiple emails from clients asking Farside to create a XRP ETF flow monitor, the team took to X saying:

“Please stop emailing us asking for a Ripple ETF flow monitor. We have no interest in covering Ripple ($XRP).” 

The London-based investment research firm is known for publishing daily ETF flow dashboards for Bitcoin (BTC), Ether (ETH) and Solana (SOL), which have become widely cited across the industry.

Its refusal to include XRP surprised traders, given the asset's strong debut in the U.S. exchange-traded fund market.

Farside’s ETF trackers dominate industry analytics

Founded in 2019, Farside Investors is best known for its clean, data-driven dashboards tracking exchange-traded fund flows and institutional crypto allocations.

The company initially focused on traditional market analytics before gaining industry-wide visibility during the 2024 spot Bitcoin ETF launches, when its real-time flow tables became a staple for traders, analysts and media outlets.

The firm later expanded coverage to Ether ETFs following their approval in mid-2024, and to Solana ETFs after their regulatory green light in 2025 - a mix that many traders view as a barometer of institutional crypto appetite.

Farside’s daily Bitcoin ETF flow snapshot

Its concise reporting style has since positioned it as one of the most-referenced independent ETF data providers in the crypto sector.

According to Farside’s most recent Nov. 13 ETF flow data, institutional positioning across major crypto products showed a sharp divergence:

  • Bitcoin spot ETFs recorded about $866.7 million in net outflows on Nov. 13, 2025, according to Farside’s tracker.

  • Ether spot ETFs saw roughly $259.6 million in net outflows on Nov. 13, 2025.

  • Solana spot ETFs were the outlier, posting about $1.5 million in net inflows on Nov. 13, 2025.XRP fans push back after firm rejects coverage

XRP holders reacted quickly to Farside’s post. An X user, QuantumUltrarunna, wrote: “This is going to age beautifully 🤣.”

Another user, nietzbux, said, “I hope you get 10x the amount of XRP emails now for your public destain [sic] of what customers clearly want.” 

Despite Farside’s refusal to cover, XRP’s new ETF recorded one of the biggest first-day performances of any U.S. ETF this year.

Bloomberg analyst Eric Balchunas posted:

“Congrats to $XRPC for $58m in Day One volume, the most of any ETF launched this year (out of 900), BARELY edging out $BSOL’s $57m.”

XRPC’s debut has positioned it at the top of more than 900 ETFs launched in 2025, outperforming every new fund despite a risk-off market.

Although far below the historic Bitcoin and Ether ETF debuts, sustained demand could see XRPC added to major ETF flow indices, particularly if early trading momentum remains strong.

XRP traded at $2.27 at the time of writing, down 1.4% on the day after ranging between $2.23 and $2.34. Its 24-hour trading volume rose to $7.06 billion as broader market weakness pressured most large-cap assets.

Despite the pullback, XRP remains up 3.5% on the week and holds a $136.3 billion market cap, making it the fourth-largest cryptocurrency.