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XRP ETF Clients Add $1.77 Million, Lifting Net Assets to $1.12 Billion

XRP ETF Clients Add $1.77 Million, Lifting Net Assets to $1.12 Billion

On May 29, XRP spot ETFs recorded $11.88 million in net inflows, led by Bitwise and Canary, while total net assets rose to $1.12 billion and cumulative inflows reached $1.42 billion.

XRP

Fact Check
The body's claim about May 29 ($11.88M net inflows led by Bitwise and Canary, net assets $1.12B, cumulative $1.42B) is fully corroborated by PANews citing SoSoValue. However, the title's figures ($1.77M inflows lifting net assets to $1.12B) actually correspond to May 28 data (per the earlier PANews article and Odaily), not May 29. The headline therefore mismatches the stated event date and conflates two trading days, even though both individual numbers are accurate for their respective days.
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Summary

XRP spot ETFs posted $11.88 million in daily net inflows on May 29, a notable increase from the prior day’s $1.773 million. The Bitwise XRP ETF led with $7.36 million in inflows, followed by the Canary XRP ETF with $2.38 million. Total net assets across XRP spot ETFs reached $1.12 billion, while cumulative net inflows for the category rose to $1.42 billion.

Terms & Concepts
  • XRP spot ETFs: Exchange-traded funds that aim to track the spot market price of XRP, giving investors exposure through a listed fund structure.
  • Net inflows: The amount of money entering a fund after subtracting outflows over a given period, used to measure investor demand.
  • Net assets: The total value of a fund’s holdings after liabilities, commonly used to indicate the size of an ETF or fund category.