Odaily reported, citing SoSoValue data, that XRP spot ETFs recorded net inflows of $10.68 million during last week’s trading days, from June 8 to June 12 Eastern Time. The headline of the news item listed the weekly net inflow figure as $10.6818 million, while the body of the report cited SoSoValue’s figure at $10.68 million. The reported net inflow represents the amount remaining after inflows and outflows across XRP spot ETF products were offset during the stated period.
Bitwise ETF XRP ranked first in weekly inflows
Among the XRP spot ETFs tracked in the report, Bitwise ETF XRP posted the largest weekly net inflow. The product recorded $4.968 million in net inflows over the week. According to the same SoSoValue data cited by Odaily, XRP’s historical total net inflow currently stands at $472 million. This placed Bitwise ETF XRP at the top of the weekly ranking for XRP spot ETF inflows during the reported trading window.
Franklin Templeton ETF XRPZ ranked second. The report stated that XRPZ recorded $3.6699 million in net inflows during the same week. Its historical total net inflow has reached $400 million. Together with Bitwise ETF XRP, Franklin Templeton ETF XRPZ made up a major portion of the weekly net inflows reported for XRP spot ETFs between June 8 and June 12 Eastern Time.
Total net assets reached $979 million
As of the time of publication, the total net asset value of XRP spot ETFs stood at $979 million. The ETF net asset ratio, defined in the report as the market value of the ETFs as a share of XRP’s total market capitalization, reached 1.39%. This figure describes the relative size of XRP spot ETF assets compared with the overall XRP market value.
On a cumulative basis, XRP spot ETFs have recorded historical net inflows of $1.44 billion. Within the latest weekly period, Bitwise ETF XRP contributed $4.968 million in net inflows, while Franklin Templeton ETF XRPZ contributed $3.6699 million. These figures were the key data points highlighted in the Odaily report based on SoSoValue’s statistics.