XRP spot ETFs add $5.3017 million on June 16 as Franklin fund leads

Franklin XRP ETF accounted for all June 16 inflows, while XRP spot ETF net assets remained above $1 billion after June 15 inflows led by Bitwise and Franklin.

XRP

Summary

XRP spot ETFs recorded $5.3017 million in net inflows on June 16, according to SoSoValue, with Franklin XRP ETF (XRPZ) accounting for all of the day’s additions and lifting its cumulative historical net inflow to $406 million. The sector’s net assets stood at $1.063 billion, above the $1 billion mark, with a 1.40% net asset ratio and cumulative historical net inflows of $1.444 billion. The June 16 data followed $2.8151 million in net inflows on June 15, led by Bitwise XRP ETF (XRP) and Franklin XRP ETF.

Terms & Concepts
  • spot ETF: An exchange-traded fund that directly tracks the underlying asset’s market price.
  • net inflows: The net amount of new money entering a fund after outflows are deducted.
  • net assets: Total fund assets minus liabilities.