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XRP Spot ETFs Add $6.04 Million as Canary XRP ETF Drives All Inflows

On May 8, Canary XRP ETF accounted for all daily inflows as total net assets reached $1.115 billion and cumulative net inflows rose to $1.325 billion, following continued demand seen on May 6.

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Fact Check
The claim is strongly supported by multiple independent sources all citing SoSoValue Crypto as the underlying data provider. Odaily News and PANewsLab both provide granular figures that match the claim exactly: total net inflows of $13.03 million (1302.87万), Bitwise XRP ETF at $7.33 million (733.25万), Franklin XRP ETF at $5.42 million (541.93万), and total net assets of $1.113 billion (11.13亿). The @BSCNews X post independently corroborates the $13.03 million total and Bitwise's $7.33 million contribution. MEXC News further confirms positive XRP ETF inflows on May 6. All figures are internally consistent and traceable to SoSoValue data. The minor rounding in the claim ($13.03M vs $13.0287M, $7.33M vs $7.3325M, $5.42M vs $5.4193M) is standard journalistic rounding and does not constitute a discrepancy.
Summary

XRP spot ETFs recorded $6.04 million in net inflows on May 8, with Canary XRP ETF accounting for the full daily total and lifting its cumulative net inflow to $438 million. Across the category, total net assets reached $1.115 billion and cumulative net inflows rose to $1.325 billion. Earlier, on May 6, XRP spot ETFs had attracted $13.03 million in net inflows, led by Bitwise XRP ETF with $7.33 million and Franklin XRP ETF with $5.42 million, when total net assets stood at $1.113 billion and cumulative net inflows were $1.319 billion. Together, the figures show continued investor demand for regulated XRP exchange-traded products over the period.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that aims to track the current market price of an underlying asset rather than using futures or other derivatives contracts.
  • Net inflows: The net amount of new investor money entering a fund after subtracting withdrawals over a given period.
  • Net assets: The total value of a fund’s holdings after accounting for liabilities, commonly used to measure fund size.