Just one month after launch, U.S. spot XRP ETFs have surpassed $1 billion in cumulative net inflows.
With a $10.89 million daily inflow recorded on December 15, total XRP ETF net assets sit at $1.12 billion, which accounts for nearly 1% of the total XRP market cap, data on SoSoValue as of December 16 suggests.
The Canary Capital XRP ETF (XRPC) accounts for more than a third of the $1 billion figure, with $376.5 million in cumulative inflows since the November 13 debut. Coming in second is the Grayscale XRP ETF (GXRP), with $219.76 million.
Meanwhile, the Bitwise XRP ETF (XRP) and the Franklin Templeton XRP ETF (XRPZ) posted $212.58 million and $192.96 million in net inflows, respectively.
XRP ETF flows. Source: SoSoValue
XRP ETFs set new standards for crypto exchange-traded funds
With weeks of consecutive inflows, XRP exchange-traded funds have become the second-fastest financial product of their kind to reach the $1 billion milestone, outpaced only by Bitcoin ETFs. The ac
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