XRP spot exchange-traded funds posted $110 million in net inflows during the trading week of Aug. 24 to Aug. 28, Eastern Time, according to data from SoSoValue. The largest weekly inflow went to Bitwise ETF XRP, which pulled in $59.9459 million and has now reached $603 million in cumulative historical net inflows. Franklin Templeton’s ETF XRPZ ranked second for the week with $28.7006 million in net inflows, bringing its historical total to $463 million. As of publication, total net assets across XRP spot ETFs stood at $1.44 billion. The ETF net asset ratio, measuring ETF market value as a share of XRP’s total market capitalization, was 1.66%. Historical cumulative net inflows for the XRP spot ETF segment had reached $1.66 billion.
According to SoSoValue data cited by ChainCatcher, XRP spot exchange-traded funds recorded $110 million in net inflows during the trading week of Aug. 24 to Aug. 28, Eastern Time.
The biggest weekly inflow among XRP spot ETFs went to Bitwise ETF XRP, which brought in $59.9459 million. Its cumulative historical net inflows have now reached $603 million. Franklin Templeton’s ETF XRPZ ranked second, with weekly net inflows of $28.7006 million, lifting its historical cumulative net inflows to $463 million.
As of publication, total net assets of XRP spot ETFs stood at $1.44 billion. The ETF net asset ratio, defined as ETF market value as a share of XRP’s total market capitalization, was 1.66%. Historical cumulative net inflows across XRP spot ETFs had reached $1.66 billion.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.