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Franklin XRP Spot ETF Records $1.12 Million Single-Day Inflow

Franklin XRPZ ETF sees a $1.12 million inflow, boosting its total net asset value to $1.52 billion with cumulative inflows of $1.28 billion.

XRP

Summary

The Franklin XRP Spot ETF (XRPZ) reported a $1.12 million inflow on January 16, increasing its total cumulative inflows to $288 million. The ETF now has a total net asset value of $1.52 billion and cumulative inflows of $1.28 billion, with an XRP allocation ratio of 1.20%.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as cryptocurrency, instead of derivatives.
  • Net Asset Value (NAV): The total value of an ETF’s assets minus its liabilities, reflecting the per-share market value.
  • XRP Asset Ratio: The percentage of an ETF’s total value represented by holdings in XRP cryptocurrency.