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XRP Spot ETFs Draw $15.74 Million in Weekly Net Inflows

On April 28, XRP spot ETFs added $2.2 million in net inflows, led by Canary XRP ETF, while total net assets were reported at $1.05 billion and cumulative inflows reached $1.29 billion.

XRP

Summary

XRP spot ETFs recorded $2.2 million in net inflows on April 28, with the full amount coming from Canary XRP ETF (XRPC). Canary’s cumulative net inflow reached $424 million. Total net assets across XRP spot ETFs stood at $1.05 billion, while cumulative historical net inflows reached $1.29 billion. This follows the previously reported $15.74 million in net inflows during the April 20 to April 24 U.S. trading week, when Bitwise ETF XRP and Franklin ETF XRPZ led weekly gains.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that seeks to track the current market price of an underlying asset directly rather than through derivatives.
  • Net inflows: The net amount of capital entering a fund after subtracting investor withdrawals over a specific period.
  • Net assets: The total value of a fund’s assets minus liabilities, commonly used as a measure of the fund’s size.