[Crypto World] XRP Spot ETF experienced another wave of capital inflows yesterday. The single-day net inflow was $8.54 million, which is quite impressive among recent crypto asset ETFs.
Specifically, Bitwise XRP ETF performed the best—absorbing $6.26 million in a single day. The XRP products under this institution have accumulated a total of $2.19 billion. Honestly, this scale truly reflects institutional investors’ confidence in XRP.
Franklin’s XRPZ followed closely, with a single-day inflow of $2.09 million, and the total net inflow has reached $195 million. These two leading products support the main growth of the entire market.
From the overall market view, the total net asset value of XRP spot ETFs has surpassed $1.16 billion, with a cumulative net inflow of over $1 billion. Although XRP’s net asset ratio remains at 0.98%, the current growth trend suggests a high possibility of continued capital inflows. This indicates that traditional financial institutions are subtly changing their attitude towards XRP.
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XRP Spot ETF sees a net inflow of 8.54 million in a single day, with Bitwise and Franklin leading institutional deployment
[Crypto World] XRP Spot ETF experienced another wave of capital inflows yesterday. The single-day net inflow was $8.54 million, which is quite impressive among recent crypto asset ETFs.
Specifically, Bitwise XRP ETF performed the best—absorbing $6.26 million in a single day. The XRP products under this institution have accumulated a total of $2.19 billion. Honestly, this scale truly reflects institutional investors’ confidence in XRP.
Franklin’s XRPZ followed closely, with a single-day inflow of $2.09 million, and the total net inflow has reached $195 million. These two leading products support the main growth of the entire market.
From the overall market view, the total net asset value of XRP spot ETFs has surpassed $1.16 billion, with a cumulative net inflow of over $1 billion. Although XRP’s net asset ratio remains at 0.98%, the current growth trend suggests a high possibility of continued capital inflows. This indicates that traditional financial institutions are subtly changing their attitude towards XRP.