XRP ETF Inflows Reach Eight Straight Sessions
XRP ETFs have attracted new money for eight consecutive trading sessions, according to recent data. The four funds received a combined $23.87 million on Tuesday, with Bitwise leading the inflows at $11.02 million. Franklin Templeton followed closely behind with $6.39 million, while Grayscale recorded $4.28 million in new investments.
The latest inflows bring cumulative net inflows to $1.59 billion and total assets held by the funds have climbed to around $1.46 billion. Bitwise continues to lead XRP ETF issuers by cumulative net inflows, attracting $561.95 million since launch.
Canary Capital follows with $471.87 million, while Franklin Templeton has recorded $444.55 million in cumulative inflows. Grayscale has attracted approximately $137.67 million. The sustained inflows come as Bitwise President Teddy Fusaro highlighted a sharp increase in trading activity for the firm’s XRP ETF.
Fusaro noted that more than $80 million worth of the ETF changed hands on Monday, with the two previous sessions each recording over $60 million in trading volume. This marked the fund's highest-volume trading day since launch.