XRP ETFs Post Best Week Since May as Inflows Reach $39.78 Million
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In Brief:
- XRP ETFs attracted $39.78 million in weekly net inflows, delivering their strongest performance since May as investor demand strengthened significantly.
- Bitwise led positive XRP ETF sessions, attracting $16.89 million during the strongest trading day and reaching $443.46 million in assets.
- XRP gained nearly 60% during the week, while cumulative ETF net inflows climbed to approximately $1.55 billion since their launches.
XRP exchange-traded funds attracted $39.78 million in weekly net inflows, marking their strongest performance since May. The increase pushed cumulative net inflows to approximately $1.55 billion as investor demand strengthened across XRP-linked products.
SoSoValue data shows the funds recorded positive flows across nearly every trading session during the week. Moreover, the performance represented a major improvement from several weeks when XRP ETFs attracted limited additional capital.
XRP also gained nearly 60% during the period, strengthening activity across both its spot and institutional investment markets. Consequently, the combination of higher prices and ETF inflows highlighted stronger demand for regulated exposure to the cryptocurrency.
August 21 delivered the largest daily contribution, with XRP ETFs recording $18.38 million in net inflows. XRP gained more than 20% within 24 hours during the same session, adding momentum across the broader market.
Significantly, that daily ETF figure represented almost half of the $39.78 million accumulated throughout the week. The result helped lift cumulative inflows further beyond levels recorded during the recent period of weaker demand.
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Bitwise Leads XRP ETF Inflows as Net Assets Reach $443.46 Million
Bitwise accounted for most of the capital entering XRP ETFs during their strongest daily trading session. Its XRP product attracted $16.89 million, representing more than 90% of the $18.38 million daily total.
Additionally, the Bitwise XRP ETF reached approximately $443.46 million in net assets following the latest capital additions. Bitwise also led XRP funds across every positive trading session covered by the weekly figures.
The performance shows that investor demand remained concentrated around one of the established providers offering regulated XRP exposure. Meanwhile, other XRP products contributed to pushing combined cumulative net inflows toward the $1.55 billion milestone.
Broader cryptocurrency market gains also supported stronger trading activity across major digital assets during the period. However, XRP stood out with its nearly 60% advance and accompanying increase in ETF capital allocations.
Moreover, the latest numbers strengthened the relationship between XRP spot performance and demand through regulated investment products. ETFs allow investors to gain price exposure without directly purchasing or managing XRP through cryptocurrency wallets.
The $1.55 billion cumulative inflow figure also reflects substantial capital entering XRP ETFs since their launches late last year. Several quieter weeks had previously slowed additional inflows before demand strengthened during the latest market rally.
Bitwise’s $443.46 million in net assets further highlights its growing position within the XRP ETF market. Its $16.89 million daily inflow accounted for the majority of capital recorded during the week’s strongest session.
XRP ETFs ultimately finished their best week since May with $39.78 million entering the products. The accompanying XRP rally helped strengthen activity across spot markets while regulated funds recorded renewed investor demand.
Also Read: Ripple’s RLUSD Could Gain Major XRPL Upgrade as Permission Delegation Nears Vote
The post XRP ETFs Post Best Week Since May as Inflows Reach $39.78 Million appeared first on 36Crypto.
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