PANews, August 6: According to SoSoValue data, on yesterday (Eastern Time, August 5), the total net outflow for XRP spot ETFs was $3.5847 million. Only the Bitwise XRP ETF (XRP) experienced a net outflow, with a daily net outflow of $3.5847 million; its cumulative net inflow to date stands at $507 million. As of the time of writing, the total net asset value of XRP spot ETFs is $993 million, with XRP accounting for 1.49% of net assets, and cumulative net inflows reaching $1.507 billion to date.
XRP Spot ETF Records $3.58M Net Outflow in Single Day
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Summary
ETF news broke on August 5 (EDT) as the XRP spot ETF recorded a net outflow of $3.5847 million in a single day. The outflow came entirely from the Bitwise XRP ETF (XRP). The fund now holds $993 million in net assets, with a net XRP allocation of 1.49% and a cumulative net inflow of $150.7 million. Bitcoin ETF news remains closely monitored as market activity shifts.
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