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SoSoValue Reports $4.19 Million Net Inflow into XRP Spot ETFs on March 4

XRP Spot ETFs saw a $4.19 million net inflow on March 4, with the Canary XRP ETF leading the way. Total historical inflows have now reached $1.259 billion, while assets under management stand at $1.08 billion with an XRP net asset ratio of 1.21%.

XRP

Summary

SoSoValue reports that XRP Spot ETFs, led by the Canary XRP ETF (XRPC), saw a $4.19 million net inflow on March 4. The cumulative net inflow now stands at $1.259 billion, with total assets under management (AUM) of $1.08 billion, and an XRP net asset ratio of 1.21%.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that holds the underlying asset directly (e.g., XRP) rather than using futures.
  • Net inflow: The value of new money entering a fund minus redemptions over a given period.
  • Assets under management (AUM): The total market value of assets a fund or manager oversees for clients.