XRP spot ETFs draw $2.25 million in net inflows last week

XRP spot ETFs posted $2.25 million in net inflows during the Aug. 10 to Aug. 14 U.S. trading week, extending cumulative inflows as the products continued to gather assets. Bitwise ETF XRP recorded the largest weekly net inflow at $2.2531 million, and its historical total net inflow reached $512 million. As of publication, total net assets across XRP spot ETFs stood at $933 million, with the ETF net asset ratio, or the share of XRP's total market capitalization held in the funds, at 1.49%. Historical cumulative net inflows for XRP spot ETFs reached $1.51 billion, according to SoSoValue.

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