XRP Spot ETFs See Four Consecutive Days of Positive Flows
The XRP spot exchange-traded funds (ETFs) in the US have seen four consecutive days of positive flows, according to market data.
This streak follows a month of generally resilient investor demand for XRP ETFs. Since July 1st, there have been only a handful of outflow sessions, with the largest being a $7.29 million withdrawal on July 8th.
U.S. spot XRP ETFs attracted $15.4 million in net inflows between July 29th and August 3rd. The funds saw $1.15 million on August 3rd, $7.69 million on July 31st, $5.98 million on July 30th, and $584,710 on July 29th.
The absence of outflows means that the streak of trading days without net outflows has extended to four. Despite a flat session on August 4th, cumulative net inflows across all U.S. spot XRP ETFs remained at a robust $1.51 billion. Total net assets stood at approximately $1 billion, equivalent to about 1.49% of XRP's total market capitalization.