XRP ETFs See Nine Consecutive Days of Net Inflows Amid Crypto Market Sell-Off

XRP spot exchange-traded funds (ETFs) have extended their streak of daily net inflows to nine consecutive trading days on August 25. Despite a broader crypto market sell-off, investors added $23.87 million to these products.

According to SoSoValue data, the latest inflow pushed cumulative net inflows into U.S. spot XRP ETFs to a rather impressive $1.6 billion. Bitwise's XRP ETF led the inflows on Tuesday with $11.02 million, followed by Franklin Templeton's fund with $6.39 million and Grayscale's XRP ETF with $4.28 million.

The 21Shares XRP ETF reported no net flow for the day. Over the last five days, the funds have attracted about $77.5 million, up from approximately $39.8 million in net inflows recorded last week.