Citing TheMarketPeriodical, U.S. XRP spot ETFs have seen record inflows, with cumulative net inflows reaching $935.39 million in just 15 days. Ripple CEO Brad Garlinghouse praised the ETFs for becoming the fastest U.S. crypto spot funds to reach $1 billion in AUM since Ethereum. The ETFs, issued by Canary Capital, Grayscale, Franklin Templeton, and Bitwise, have maintained a 15-day inflow streak. Analysts attribute the inflows to growing demand for regulated digital assets and reduced regulatory uncertainty following the Ripple vs. SEC lawsuit resolution. OTC desks have driven inflows even amid broader market sell-offs, supporting institutional investment in XRP.
U.S. XRP ETFs Near $1B Inflows, Ripple CEO Hails Record Growth
TheMarketPeriodicalShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
