XRP ETFs Approach $1 Billion AUM in Record Time
- XRP spot ETFs have reached $881.25 million in inflows since launching on November 14.
- The funds attracted $12.84 million of new investments yesterday, maintaining a streak of no outflows.
- Daily trading volumes for XRP ETFs remain stable at $26.74 million.
- The first-day trading volume for Canary Capital’s XRP ETF was over $59 million, with net inflows of $245 million.
- Spot Solana ETFs have accumulated over $600 million since their launch, while Bitcoin and Ethereum ETFs hold approximately $58 billion and $13 billion respectively.
The rapid growth of XRP products reflects increasing interest from both retail and institutional investors, particularly following Vanguard’s announcement to allow trading of spot crypto ETFs, including those focused on XRP.
With total inflows nearing the $1 billion mark in under a month, XRP ETFs are among the fastest-growing crypto investment products in the U.S., showcasing strong market demand.(Source)
