XRP Spot ETFs Post $5.83 Million Daily Net Outflow on April 30

Bitwise XRP ETF was the only fund to record withdrawals that day, while total XRP spot ETF net assets remained at $1.044 billion and cumulative net inflows reached $1.291 billion.

XRP

Summary

XRP spot ETFs saw a combined daily net outflow of $5.83 million on April 30, with the Bitwise XRP ETF solely responsible for the day’s withdrawals. Despite the one-day decline, the fund’s historical net inflow stood at $422 million, indicating that longer-term investor allocations have remained positive. Across the category, total net assets for XRP spot ETFs were $1.044 billion, while cumulative net inflows reached $1.291 billion, showing that the products have still attracted more capital than they have lost overall.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that holds the underlying asset directly, giving investors market exposure without owning the token themselves.
  • Net outflow: The amount of money withdrawn from an investment product after subtracting any new inflows over a given period.
  • Net assets: The total value of assets held by a fund after accounting for liabilities, often used to measure a fund’s size.