XRP Spot ETFs See Significant Inflows This Week

XRP spot ETFs experienced substantial inflows during the trading week from February 23 to February 27, according to Odaily. Data from SoSoValue indicates a net inflow of $9.55 million into XRP spot ETFs. The Bitwise ETF XRP led the inflows with $5.8079 million, bringing its historical total net inflow to $370 million. Following closely, the Franklin ETF XRPZ saw a weekly net inflow of $3.001 million, with its historical total net inflow reaching $333 million. As of the latest report, the total net asset value of XRP spot ETFs stands at $983 million, with an ETF net asset ratio of 1.19% compared to XRP's total market capitalization. The cumulative historical net inflow for XRP spot ETFs has reached $1.24 billion.