XRP Spot ETFs See Significant Inflows Last Week

XRP spot ETFs experienced notable inflows last week, according to Odaily. Data from SoSoValue indicates that from May 4 to May 8, XRP spot ETFs saw a net inflow of $34.21 million. The Canary ETF XRPC led the inflows with $13.5393 million, bringing its historical total net inflow to $438 million. Following closely was the Bitwise ETF XRP, which recorded a weekly net inflow of $12.3621 million, with its historical total net inflow reaching $434 million. As of the latest report, the total net asset value of XRP spot ETFs stands at $1.12 billion, with an ETF net asset ratio of 1.26% compared to XRP's total market capitalization. The cumulative historical net inflow has reached $1.32 billion.