XRP-focused exchange-traded funds continued drawing fresh money on Monday despite a broader crypto market sell-off, with Bitwise’s product extending net inflows since November.
Bitwise’s XRP ETF took in $11.94 million on Monday, lifting its cumulative net flow to more than $505 million since November. The inflows stand out because they came while the wider crypto market was under pressure, suggesting some investors are still using regulated fund vehicles to gain XRP exposure even during a broader sell-off.