US Spot XRP ETF Inflows Surge Past $1.68 Billion Amid Growing Demand
U.S. spot XRP exchange-traded funds (ETFs) have attracted significant interest, with cumulative net inflows reaching $1.68 billion by September 4. This figure represents the total capital gathered since the products began trading.
The Bitwise XRP Fund, one of the largest products in the category, held approximately 362 million XRP with a market value of $507.5 million on September 3. The fund's assets under management grew by about 75 million XRP from the second quarter, while its net inflows measured different aspects of a fund's growth.
Evernorth's analysis found that XRP trading increased even as fewer accounts participated. Daily DEX volume averaged 4.42 million XRP during the second quarter, approximately 20% above the prior-year level. The Bitwise XRP ETF recorded more than $200 million in trading volume across three consecutive sessions.