XRP spot ETFs saw net inflows of $110 million last week

Odaily News: According to SoSoValue data, during last week's trading days (August 24 to August 28, Eastern Time), XRP spot ETFs recorded net inflows of $110 million.

The XRP spot ETF with the highest net inflows last week was the Bitwise ETF XRP, with weekly net inflows of $59.9459 million, bringing XRP's historical total net inflows to $603 million; followed by Franklin Templeton's ETF XRPZ, with weekly net inflows of $28.7006 million, bringing XRPZ's historical total net inflows to $463 million.

As of press time, the total net asset value of XRP spot ETFs stands at $1.44 billion, with an ETF net asset ratio (market value as a percentage of XRP's total market cap) of 1.66%, and historical cumulative net inflows have reached $1.66 billion.