XRP ETF Sees Nine-Session Streak of Net Inflows Amid Broader Market Weakness

The XRP exchange-traded fund (ETF) in the US saw a surge of $23.87 million in net inflows on August 25, pushing its streak to nine consecutive trading days.

This significant influx of funds comes as the broader cryptocurrency market struggles with a sell-off, indicating sustained interest from investors despite market volatility.

The cumulative net contributions to the XRP ETFs since their launch now stand at approximately $1.6 billion, according to SoSoValue data. The combined net assets across the funds reached $1.46 billion at the close of the session.

Bitwise led the daily totals with $11.02 million in inflows, followed closely by Franklin Templeton at $6.39 million and Grayscale at $4.28 million.