The products recorded daily inflows throughout May, and the source says they have not posted a net outflow day since April 30.
XRP ETFs brought in $116.74 million during May, according to the provided update. The products reportedly recorded daily inflows for the entire month and did not register any daily net outflows after April 30. Sustained inflows into a crypto exchange-traded fund can indicate steady investor demand because ETFs let investors gain market exposure through regulated fund structures rather than directly holding the token.