XRP ETF sees $39.8M weekly inflow, total reaches $1.55B

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According to the latest weekly market report, XRP ETFs recorded a net inflow of $39.78 million over the past week—the highest since May. Since their launch late last year, total ETF inflows have reached $1.55 billion. Institutional investors, including Bitwise, continue to accumulate XRP products as the token’s price rose nearly 60% over the same period.
CoinDesk reports:

XRP strengthened simultaneously on both spot and ETF markets last week. With buying pressure returning, the ETF market for this asset posted its best weekly performance since May.

ETF fund inflows

According to SosoValue data, XRP ETFs experienced daily inflows last week, totaling a net inflow of $39.78 million. In the preceding weeks, new funding for such products had been inactive, making last week’s rebound particularly notable.

Cumulative scale has increased to $1.55 billion.

As capital flows back in, the cumulative net inflow into the XRP ETF has risen to $1.55 billion, reaching a new high since its launch at the end of last year. The article notes that this shift reflects a recovery in market demand for XRP products.

Bitwise continues to buy

Amid a broader recovery in the cryptocurrency market, XRP’s price rose nearly 60% during the same period. The article also notes that institutional investors have continued to buy XRP-related products through Bitwise, consistently ranking as the top inflow source on all upward trading days.

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