U.S. XRP Spot ETFs Record $25.8 Million in Net Inflows on May 11

iconPANews
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
On May 11, U.S. XRP spot ETFs recorded $25.8 million in net inflows, according to on-chain news from PANews. The Franklin XRP ETF (XRPZ) led with $13.62 million in inflows, followed by the Bitwise XRP ETF (XRP), which added $7.59 million. The total net asset value of XRP ETFs now stands at $1.184 billion, with cumulative inflows reaching $1.351 billion. The data underscores sustained investor interest in the asset class.

PANews, May 12: According to SoSoValue data, on yesterday (May 11 Eastern Time), the total net inflow into XRP spot ETFs was $25.7958 million. The XRP spot ETF with the highest net inflow yesterday was the Franklin XRP ETF (XRPZ), with a daily net inflow of $13.62 million, bringing its cumulative net inflow to $371 million. Second was the Bitwise XRP ETF (XRP), with a daily net inflow of $7.5878 million and a cumulative net inflow of $442 million. As of press time, the total net asset value of XRP spot ETFs stood at $1.184 billion, with XRP accounting for 1.30% of total ETF assets, and cumulative net inflows reaching $1.351 billion.

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.