U.S. XRP Spot ETFs Record $7.53M Daily Inflows, Led by Bitwise Fund

U.S. spot XRP ETFs recorded a combined net inflow of $7.53 million on March 3, with the Bitwise XRP ETF accounting for the majority of new investments.The inflows signal continued investor interest in XRP exchange-traded products as institutional access to the cryptocurrency expands.Bitwise XRP ETF Leads Daily InflowsAccording to SoSoValue data, the Bitwise XRP ETF saw the largest inflow among XRP funds.Daily inflow: $6.08 millionHistorical cumulative inflows: $10.77 millionThe fund accounted for the majority of the day’s capital entering XRP-based exchange-traded products.Canary XRP ETF Adds Additional CapitalThe Canary XRP ETF (XRPC) recorded the second-largest inflow.Daily inflow: $1.45 millionHistorical cumulative inflows: $1.45 millionAlthough smaller in scale, the fund contributed to the positive net flows across the XRP ETF market.XRP ETF Market OverviewAs of the latest data:Total net asset value: $1.001 billionETF net asset ratio: 1.21% of XRP’s market capitalizationCumulative historical net inflows: $1.255 billionThe figures indicate that regulated XRP investment products are gradually gaining traction among institutional and professional investors.Institutional Access to XRP ExpandingThe steady inflows into XRP ETFs highlight growing demand for regulated exposure to the cryptocurrency market.Exchange-traded products allow investors to gain XRP exposure without directly holding the token, making them an increasingly popular vehicle for institutional participation in digital assets.