Crypto
XRP Spot ETFs See Seven-Month High Net Inflows Amid Renewed Institutional Demand
XRP spot exchange-traded funds (ETFs) saw their highest net inflows in seven months, reaching $28.14 million on August 26.
This marks the seventh consecutive day of positive flows for XRP ETFs and indicates renewed institutional demand for the asset.
Bitwise led the day's inflows with approximately $13.12 million, bringing its cumulative historical net inflows to around $575 million.
Total net assets across the XRP spot ETF market stood at about $1.399 billion, while cumulative historical net inflows reached close to $1.618 billion.