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