XRP ETF Inflows Reach $1.6B as Token Fights to Maintain Base Price
The XRP exchange-traded fund has seen nine consecutive days of net inflows, attracting $1.6 billion since its launch.
According to SoSoValue data, these funds have attracted more than $725 million over the past nine days and have a total net asset value of approximately $1.6 billion.
The inflow trend started in mid-August, with recent daily inflows ranging from roughly $2.4 million to over $28 million.
Seyffart analyzed 13F filings from the second quarter and found that investment advisors dominate both the largest holders and biggest quarterly allocators of XRP ETFs, far surpassing hedge funds and brokerages.