Funds from Bitwise, Franklin, and Grayscale drove the May 11 surge, lifting total net inflows for the month to $60 million.
XRP exchange-traded funds recorded a combined single-day net inflow of $25.8 million on May 11, the strongest daily intake since January, according to the provided information. The inflows were led by products from Bitwise, Franklin, and Grayscale, pushing total monthly net inflows for May to $60 million. The figures indicate renewed investor demand for XRP-linked investment vehicles, which allow market participants to gain exposure to XRP through regulated fund structures rather than holding the token directly.