XRP ETFs Record $15.16 Million Net Inflow in Single Day

XRP spot ETFs saw significant net inflows, led by Bitwise’s $8.29 million contribution, marking over $1.22 billion in cumulative historical inflows.

XRP

Summary

XRP spot exchange-traded funds registered $15.16 million in total net inflows on February 6, according to SoSoValue data. Bitwise’s XRP ETF led with $8.29 million in new investments, helping the category reach a historical cumulative net inflow of $1.22 billion. This rise underscores growing institutional and retail adoption of XRP via regulated ETF products.

Terms & Concepts
  • XRP ETF: An exchange-traded fund that tracks the price of XRP, allowing investors to gain exposure without directly holding the cryptocurrency.
  • Net Inflow: The total value of new investments into a fund after subtracting withdrawals during a specific period.