todayonchain.com

Spot XRP ETFs report largest single-day inflow since January, worth $26 million

The Block
U.S. spot XRP ETFs recorded $25.8 million in net inflows on Monday, marking their highest daily total since early January.

Summary

U.S. spot XRP ETFs experienced their largest single-day net inflow in over four months on Monday, totaling $25.8 million across three funds. Franklin Templeton's XRPZ, Bitwise's XRP, and Grayscale's GXRP all saw positive inflows, reflecting a broader trend of capital movement into crypto assets. Analysts suggest this activity indicates growing institutional confidence in XRP's utility and regulatory standing. While XRP has benefited from interest in blockchain-enabled payment rails and recent industry partnerships, experts note that current inflows remain modest relative to the asset's overall market capitalization.

(Source:The Block)