Skip to main content
Back to news
Cryptovia CoinDesk

Spot XRP ETFs See Biggest Inflows Since January

Spot XRP ETFs attracted $25.8 million in net inflows on Monday, the largest single-day total since January, led by Franklin Templeton's XRPZ fund.

Spot XRP ETFs See Biggest Inflows Since January

Spot XRP exchange-traded funds recorded their largest single-day net inflows since January, pulling in $25.8 million on Monday amid positive developments at Ripple and a favorable price trend for the fourth-largest cryptocurrency.

According to SoSoValue data, the five U.S.-listed spot XRP ETFs saw a combined $25.8 million in net inflows on Monday, the biggest daily haul since January 5, when they drew $46 million in their first week of trading. Franklin Templeton's XRPZ led with $13.6 million, followed by Bitwise's XRP at $7.6 million and Grayscale's GXRP at $4.6 million. Canary's XRPC and 21Shares' TOXR reported no flows for the day.

For crypto traders, rising ETF inflows signal growing institutional demand for XRP exposure, which can support price momentum. The inflows come amid a series of favorable developments at Ripple, the company closely associated with XRP, and a positive price action for the token. Traders can track real-time XRP prices and ETF flow data on NowPrice to gauge market sentiment.

Looking ahead, market participants will watch for continued inflows into XRP ETFs as a measure of sustained institutional interest. The cumulative net inflows across all XRP ETFs remain a key metric, and any acceleration could further boost XRP's price. Additionally, regulatory updates and Ripple's ongoing legal landscape may influence investor appetite.

Read the original article on CoinDesk
Editorial summary by NowPrice. Read the original article at the source for full reporting.