Spot XRP ETFs attract biggest inflows since January

CoinDesk·

Spot XRP ETFs attract biggest inflows since January

60-second summary

Spot XRP ETFs attract the biggest inflows since January, drawing in $25.8 million on Monday. This is the largest single-day net inflow since January 5, surpassing ether spot ETFs that shed nearly $17 million. The surge in XRP ETFs indicates growing investor interest in the asset, potentially driving up its price and further solidifying its position in the crypto market.

The five U.S.-listed spot XRP funds pulled in $25.8 million on Monday, the largest single-day net inflow since Jan. 5, even as ether spot ETFs shed nearly $17 million.