XRP ETFs See Steady Inflows Amid Price Pressure
Bitwise and Franklin Templeton's XRP ETFs have attracted another influx of capital, with clients buying $7.24 million worth of XRP in a relatively quiet day for the funds.
The combined net inflows into the two funds on September 23 totaled $18.04 million, with Bitwise accounting for $11.54 million and Franklin Templeton bringing in $6.50 million.
Over the next two days, the pace picked up, with combined net inflows reaching around $22.65 million on September 25, largely driven by Bitwise's $18.39 million contribution.
The total inflows across XRP ETFs have now reached approximately $1.79 billion, with net assets sitting between $1.7 billion and $1.8 billion.