U.S. spot XRP ETFs post strongest inflow day in four months
U.S. spot XRP exchange-traded funds have pulled in their largest daily inflow in roughly four months.U.S. spot XRP ETFs recorded $25.8 million in daily inflows, the highest level since January.Franklin Templeton, Bitwise, and Grayscale all posted positive XRP ETF flows, according to SoSoValue data. According to SoSoValue data, spot XRP ETFs listed in the U.S. recorded combined net inflows of $25.8 million on May 11, the strongest single day of inflows since Jan. 5. Franklin Templeton‘s XRPZ accounted for the largest share with $13.6 million in new capital, while the Bitwise XRP ETF added $7.6 million and Grayscale’s GXRP attracted $4.6 million. Institutional demand has been building across several crypto ETF products in recent weeks as money continues moving into regulated digital asset vehicles. Bitcoin ETFs have now recorded seven consecutive weeks of positive flows, bringing in more than $3.4 billion during that period, while Solana ETFs saw $26.6 million in daily inflows, their highest level since February. Ether ETFs moved in the opposite direction, posting roughly $16.9 million in net outflows on the same day, according to SoSoValue data. At the same time, Ripple has continued expanding its institutional finance business through brokerage, custody, and tokenized asset initiatives tied to the XRP Ledger ecosystem. Last week,