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XRP Spot ETFs See $10.2 Million Daily Inflows Led by Bitwise and Grayscale

Bitwise XRP ETF brought in $7 million and Grayscale GXRP added $3.2 million, pushing historical net inflows near $954 million.

XRP

Summary

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Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as cryptocurrency, rather than derivatives tied to its price.
  • XRP Asset Ratio: The percentage share of XRP within a fund’s total assets, indicating its weighting in the portfolio.