XRP Spot ETFs Surge Past $300M in Q3 Inflows

XRP spot exchange-traded funds (ETFs) have attracted significant inflows in Q3 of this year, totaling over $300 million.

According to data analyzed from SoSoValue on September 30 by cryptodata Finbold, these ETFs saw a net cash inflow of $27.29 million in July, increasing their total net assets to $988.78 million.

In August, XRP spot ETFs absorbed $159.18 million, pushing the funds' assets up to $1.45 billion.

The Bitwise XRP ETF (XRP) saw a total cash inflow of $177.94 million over the past three months, increasing its total funds under management to $618.81 million at the time of publication.