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XRP ETFs Draw $164M In Net Inflows on First Trading Day

Guavy AI Editorial Team
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XRP
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XRP ETFs saw a surge in demand on their first trading day, attracting $164.04 million in net inflows.

Grayscale's GXRP and Franklin Templeton's XRPZ ETF led the way with $67.4 million and $62.6 million in net inflows, respectively.

This marks a significant milestone for spot XRP ETFs, which have now recorded cumulative net inflows of $586.8 million since launching on November 13.

David Mann, Head of ETF Product and Capital Markets at Franklin Templeton, described XRP as a digital asset that plays a foundational role in global settlement infrastructure.

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