U.S. Spot XRP ETFs Approach $1 Billion in Inflows
- XRP ETFs have seen a net inflow of $897.35 million over the last 15 days.
- Institutional investments are driven by regulatory clarity following the Ripple SEC case conclusion.
- Major contributors to inflows include Canary Capital, Grayscale, Bitwise, and Franklin Templeton.
- The XRP ETF market is among the fastest-growing crypto-asset vehicles.
- Over-the-counter (OTC) desks have supported inflows during broader market sell-offs.
The growing interest in XRP ETFs highlights significant acceptance within traditional finance markets, especially as they near the $1 billion milestone shortly after their introduction on November 14.
With a current net inflow of $897.35 million, XRP ETFs are poised to exceed $1 billion soon, reflecting strong institutional demand and liquidity for the asset.(Source)
