$XRP ETF Inflows Bring Combined AUM to $1.8 Billion
The XRP cryptocurrency has seen significant institutional investment in recent days, with spot ETFs attracting large inflows on a day when the token's price fell by 5-6%. According to SoSoValue and $XRP Insights, net inflows into spot $XRP ETFs totaled $18.04 million on September 23.
The largest fund, Bitwise $XRP ETF, attracted the lion's share of funds, with inflows of $11.54 million, bringing its cumulative volume to $649 million. Franklin $XRP ETF closed the session with $6.50 million in inflows, bringing its total collections to $492 million.
The combined AUM of the seven approved U.S. ETFs has reached $1,797.93 million, just one step away from the significant $2 billion mark. If inflows continue at this pace, the threshold will be officially crossed in October.