XRP spot ETFs add $5.31 million on June 22 as Bitwise fund leads inflows

Bitwise XRP was the only fund to record fresh inflows on June 22, lifting total XRP spot ETF net assets to $993.29 million, just below the $1 billion mark, according to SoSoValue.

XRP

Summary

XRP spot ETFs recorded $5.3091 million in net inflows on June 22, with all of the new money going to the Bitwise XRP ETF, according to SoSoValue. Bitwise's cumulative historical net inflow rose to $482 million, while total net assets across XRP spot ETFs reached $993.29 million, just under $1 billion. Cumulative historical net inflows for the category stood at $1.452 billion.

Terms & Concepts
  • spot ETFs: Exchange-traded funds that hold the underlying asset directly rather than using derivatives.
  • net inflows: The amount of money entering a fund after subtracting investor withdrawals.
  • net assets: Total fund assets minus liabilities.