Back
XRP ETFs Record $6.95 Million Inflows in Single Day

XRP ETFs Record $6.95 Million Inflows in Single Day

XRP spot ETFs attracted $6.95M in net inflows on January 28, led by Franklin and Grayscale funds, pushing assets to $1.39B amid growing investor interest.

XRP

Summary

XRP spot exchange-traded funds saw a significant $6.95 million in net inflows on January 28. Franklin’s ETF led the charge with $3.13 million, followed by Grayscale’s at $2.6 million. This pushed total assets to $1.39 billion, with historical cumulative inflows now at $1.26 billion, reflecting strong investor demand for XRP ETFs.

Terms & Concepts
  • XRP ETF: An exchange-traded fund that tracks the value of XRP, giving investors indirect exposure to the cryptocurrency through tradable shares.
  • Inflow: The measurement of funds or assets entering an investment product over a given period, indicating investor buying activity.