Canary Capital's XRP ETF Sees Record $3.96M Inflow Amid Institutional Demand
The US spot XRP ETFs are seeing significant institutional demand, with Canary Capital's spot XRP ETF recording a $3.96 million inflow on September 28.
This marks the third-largest total net inflows across all five active funds, which have now surpassed $1.79 billion in combined assets.
The Canary XRP ETF, XRPCUSD, saw its total net assets rise above $372.1 million after the influx of new capital.
Bitwise currently leads with $676.29 million in cumulative net inflows, followed by Franklin Templeton's XRPZ with $500.99 million.