U.S. Spot XRP ETF Inflows Reach $1.68 Billion Amid Varied Market Activity
- Cumulative U.S. spot XRP ETF inflows reached approximately $1.68 billion by September 4.
- Combined net assets of these ETFs stood at about $1.48 billion on the same date.
- The Bitwise XRP Fund held approximately 362 million XRP, valued at $507.5 million as of September 3.
- Daily trading activity showed fluctuations, with a net inflow of $6.14 million recorded on September 3, following a $7.20 million net outflow the previous day.
- Bitwise’s fund crossed the $500 million asset mark within nine months of its launch in November.
U.S spot XRP ETFs have seen significant growth in cumulative inflows, reaching $1.68 billion by early September despite daily fluctuations in trading activity and net flows remaining uneven during this period.
The Bitwise XRP Fund has become one of the largest products in its category by crossing the $500 million asset threshold, reflecting both share creations and changes in market value since its launch last November.
