XRP Spot ETFs Record $25.8 Million Net Inflow on May 11

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
On May 11, XRP spot ETFs recorded a net inflow of $25.8 million, according to on-chain news from Odaily. The Franklin XRP ETF (XRPZ) led with $13.62 million, while the Bitwise XRP ETF (XRP) added $7.59 million. Total net asset value reached $1.184 billion, with cumulative net inflows at $1.351 billion. The ETF activity underscores sustained investor interest in XRP products.

Odaily Planet Daily reports, according to SoSoValue data, the total net inflow for XRP spot ETFs yesterday (May 11 Eastern Time) was $25.7958 million.

The XRP spot ETF with the highest net inflow yesterday was the Franklin XRP ETF (XRPZ), with a single-day net inflow of $13.62 million, bringing its total historical net inflow to $371 million.

Second is the Bitwise XRP ETF (XRP), with a single-day net inflow of $7.5878 million, bringing its total historical net inflow to $442 million.

As of the time of publication, the total net asset value of XRP spot ETFs is $1.184 billion, with an XRP net asset ratio of 1.30% and cumulative net inflows to date 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.