Editor's PiCK

U.S. XRP spot ETFs saw $50.27 million inflows yesterday… Grayscale and Franklin Templeton led

Source
Suehyeon Lee

Summary

  • SosoValue data said $50.27 million in net inflows went into U.S. XRP (XRP) spot ETFs.
  • It reported that Grayscale's GXRP and Franklin Templeton's XRPZ led inflows with $39.26 million and $4.76 million, respectively.
  • It said total net assets of XRP spot ETFs are $906.46 million, and XRP's price is trading at $2.20 according to CoinMarketCap.
Photo=SosoValue
Photo=SosoValue

Capital inflows into U.S. XRP (XRP) spot ETFs appear to be expanding.

On the 4th (local time), according to SosoValue data, the total net inflow into U.S. XRP spot ETFs the previous day totaled $50.27 million (about KRW 74 billion).

Of that, Grayscale's GXRP accounted for the largest share with $39.26 million, and Franklin Templeton's XRPZ followed with a $4.76 million net inflow that day.

To date, the total net assets of XRP spot ETFs are $906.46 million, and cumulative net inflows are about $874.28 million. Meanwhile, XRP is trading at $2.20, up 1.45% according to CoinMarketCap.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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