XRP ETFs Defy Price Weakness with $22.65M Net Inflows
XRP spot exchange-traded funds (ETFs) experienced net inflows of around $22.65 million on September 25, according to a report by U.Today.
The largest inflows were seen in the Bitwise XRP ETF, which drew about $18.39 million in a single day, bringing its cumulative net inflows to approximately $677 million.
The Franklin XRP ETF also saw significant inflows of around $4.26 million, with its cumulative net inflows standing at roughly $501 million.
Total net assets in the XRP spot ETF market were estimated to be about $1.77 billion, while cumulative net inflows reached around $1.79 billion.
XRP's price fell by 4.6% on September 25, trading at around $1.54, but the consecutive net inflows indicate that institutional exposure to ETFs is expanding despite market weakness.