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Spot XRP ETFs report largest single-day inflow since January, worth $26 million

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Spot XRP ETFs report largest single-day inflow since January, worth $26 million.

Spot XRP (XRP) exchange-traded funds in the U.S. recorded their largest daily net inflows in over four months on Monday.

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Summary

According to data from SoSoValue, the XRP funds logged $25.8 million in positive flows on Monday, across three funds. Monday's inflows were the largest daily net inflows since Jan. 5, when the funds reported a combined inflow of $46 million. "Capital is rotating back into crypto as a maturing asset class, with XRP benefiting from post-regulatory clarity and its real-world utility in payments," said Andri Fauzan Adziima, research lead at Bitrue Research Institute. Major institutions have recently selected the XRP ledger to test blockchain-enabled payment rails.

Read full article at The Block →