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XRP Spot ETFs Record $6.97 Million Net Inflows on March 2

Bitwise and Franklin’s XRP exchange-traded funds led inflows, bringing total assets under management to over $1 billion, according to data from SoSoValue.

XRP

Summary

XRP spot exchange-traded funds (ETFs) recorded $6.97 million in net inflows on March 2, as reported by SoSoValue. The Bitwise XRP ETF contributed $4.69 million, while the Franklin XRP ETF added $2.28 million. These inflows brought total assets under management in XRP spot ETFs to $1.02 billion, with cumulative inflows reaching $1.25 billion. The continued inflow signals sustained investor demand for XRP-based products amid growing institutional interest in alternative digital asset funds.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset—such as XRP—to track its market price without using derivatives.
  • Assets Under Management (AUM): The total market value of assets that an investment fund manages on behalf of its clients.
  • Net Inflows: The difference between new money entering and exiting a fund, used to measure investor interest or demand.