XRP Exchange-Traded Funds Record $17.06 Million Daily Net Inflows
Market data shows XRP spot ETFs amassed $1.51 billion in assets as Grayscale GXRP and Bitwise XRP ETFs posted the strongest January 15 inflows.
XRP
Summary
On January 15, XRP spot ETFs saw $17.06 million in net inflows. Grayscale’s GXRP led with $7.2 million, bringing its total inflows to $287 million, while Bitwise’s XRP ETF added $7.16 million for a total of $310 million. The combined assets under management for XRP spot ETFs reached $1.51 billion, highlighting sustained investor interest in regulated XRP investment products.
Terms & Concepts
- Exchange-Traded Fund (ETF): A financial instrument that tracks the performance of an asset—such as cryptocurrency—and is traded on stock exchanges like regular shares.
- XRP: A digital asset used for fast, low-cost international payments, originally developed by the blockchain company Ripple.