XRP Spot ETFs Soar Past $1.5 Billion in Assets Under Management

The XRP spot ETFs continue to attract significant interest in the US market. The total assets under management (AUM) of these funds has reached approximately $1.57 billion, with a net inflow of 1.11 million XRP between September 7th and 11th. This amounts to around $1.51 million in dollar terms. Bitwise holds the largest amount of XRP among the funds, with approximately 368.6 million XRP worth $520.2 million.

The funds' vaults now hold a total of 1.118 billion XRP, representing about 1.12% of XRP's total supply of 100 billion tonnes. The trading volume in XRP ETFs remains high, with a daily average of around $23.3 million. Bitwise leads the way with a trading volume of approximately $15.38 million.