XRP Spot ETFs Draw $6.44 Million in Net Inflows on April 24

Bitwise XRP ETF accounted for the full daily inflow, bringing its cumulative net inflows to $426 million as XRP spot ETF assets reached $1.095 billion.

XRP

Summary

XRP spot ETFs attracted $6.44 million in total net inflows on April 24, with the entire amount going to the Bitwise XRP ETF. That lifted Bitwise’s cumulative net inflows to $426 million. Across the category, XRP spot ETFs held $1.095 billion in net assets, while cumulative historical net inflows reached $1.291 billion. Net inflows are commonly used to gauge investor demand, while net assets reflect the total value held by the funds after market moves and subscriptions.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that aims to track the current market price of an asset by holding it directly or through closely linked exposure.
  • Net inflows: The amount of new money entering a fund after subtracting withdrawals over a specific period.
  • Net assets: The total value of a fund’s holdings minus liabilities, often used to measure the size of an ETF.