US Spot XRP ETFs Draw $6.44 Million, Lifting Cumulative Inflows to $1.29 Billion

Source
Doohyun Hwang

Summary

  • The five US spot XRP ETFs posted $6.44 million in daily net inflows, bringing the cumulative total to $1.29 billion.
  • Spot XRP ETFs logged net inflows on every trading day from April 10 through April 24, except for April 21.
  • By product, cumulative net inflows stood at $425.61 million for Bitwise, $421.86 million for Canary, $348.89 million for Franklin, and $120.93 million for Grayscale, while 21Shares recorded $20.7 million in net outflows.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: Shutterstock
Photo: Shutterstock

US spot XRP exchange-traded funds extended their streak of net inflows.

Data from SoSoValue show the five US spot XRP ETFs posted combined net inflows of $6.44 million on April 24. Cumulative net inflows climbed to $1.29 billion.

All of the day's inflows went to Bitwise. Canary's XRPC, Franklin's XRPZ, 21Shares' TOXR and Grayscale's GXRP each recorded zero net inflows for the day.

Spot XRP ETFs posted net inflows on every trading day from April 10 to April 24, except April 21, when there were no inflows.

Bitwise's XRP fund has attracted the largest cumulative net inflows at $425.61 million. It was followed by Canary's XRPC with $421.86 million, Franklin's XRPZ with $348.89 million and Grayscale's GXRP with $120.93 million. 21Shares' TOXR has recorded cumulative net outflows of $20.7 million.

Doohyun Hwang

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News