XRP Spot ETFs Draw $6.95 Million in New Funds as Assets Reach $1.39 Billion

Overview

• Franklin’s XRPZ led January 28 flows with $3.13 million, followed by Grayscale’s GXRP at $2.6 million and NASDAQ-listed XRPC at $1.23 million.
• Cumulative historical net inflows stand at about $1.26 billion, with ETF-held assets representing roughly 1.19% of XRP’s market capitalization.
• Total ETF value traded reached $20.77 million on the day, with XRPC reporting $400.52 million in net assets.
• Issuer dispersion persisted as CBOE-listed TOXR posted no net inflows, a cumulative decline of $7.77 million, and just $52.64K in trading value.
• Coverage highlights that ETFs are pulling tokens into custody and tightening the float, while some community commentary points to on-chain selling that could offset part of the demand.