XRP ETFs Attract $1.6B in Investments Led by Advisers

Investors have poured $1.6 billion into spot XRP exchange-traded funds since they began trading, with investment advisers leading the charge.

The funds experienced a nine-day streak of inflows, taking in $26.2 million on August 28 alone, according to SoSoValue data.

James Seyffart noted that cumulative net inflows reached about $1.6 billion, while total net assets remained relatively stable.

In terms of ownership, Goldman Sachs holds the most spot XRP ETF exposure, with approximately $87.4 million invested.