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XRP Spot ETFs Record $56.83 Million Net Inflows Over Four Days

Grayscale GXRP and Bitwise XRPZ top inflows, pushing cumulative net investments to $1.28 billion and total assets to $1.52 billion.

XRP

Summary

From January 12 to January 16, XRP spot exchange-traded funds (ETFs) recorded $56.83 million in net inflows. Grayscale’s GXRP accounted for $23.75 million, while Bitwise’s XRPZ followed with $18.39 million. Combined, total XRP spot ETF assets reached $1.52 billion, with cumulative net inflows standing at $1.28 billion.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that holds the underlying asset directly rather than through derivatives.
  • Net Inflows: The total amount of new investments entering a fund over a specific period, minus withdrawals.
  • XRP: A digital currency used on the XRP Ledger blockchain for fast, low-cost cross-border transactions.