XRP Spot ETFs See $1.22 Million Net Inflows on February 26, Led by Canary and Bitwise

XRP Spot ETFs See $1.22 Million Net Inflows on February 26, Led by Canary and Bitwise

XRP ETFs recorded $1.22 million in net inflows, with Canary XRP ETF contributing $745,700 and Bitwise XRP ETF adding $470,600, bringing total assets to $1.016 billion.

XRP

Fact Check
Multiple credible and relevant sources reference modest XRP ETF inflows occurring around February 26, aligning with the stated $1.22 million figure. MEXC’s coverage of The Block’s ETF flow data explicitly mentions that both SOL and XRP ETFs saw positive inflows during that timeframe, consistent with the claim. Bitwise’s official communications confirm it operates an XRP ETF and actively reports on fund inflows, lending credibility to its inclusion. Bloomberg’s crypto reporting corroborates the existence of both Canary and Bitwise as primary XRP ETF providers, supporting the attribution of inflows to them. CryptoPotato and Mitrade also provide numerical and timing context—showing February inflows tied to institutional demand around $1–3 million. While no single primary source directly quotes the exact $1.22 million number, all data points converge on modest positive XRP ETF inflows within that range. The claim’s details on timing, inflow scale, and involved funds are therefore highly consistent with authoritative evidence, resulting in a high-confidence assessment of truthfulness.
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Summary

XRP spot exchange-traded funds (ETFs) reported $1.22 million in net inflows on February 26, 2025, with the Canary XRP ETF leading with $745,700, and Bitwise XRP ETF following with $470,600. The total net asset value (NAV) of XRP ETFs reached $1.016 billion, reflecting continued investor interest in XRP-focused products.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset—in this case, XRP—rather than derivatives or futures contracts.
  • Net Asset Value (NAV): The total value of an ETF’s assets minus its liabilities, representing the per-share value for investors.
  • Net Inflows: The amount of new funds entering an investment product, indicating positive investor demand over a specific period.