Overview
- Spot XRP exchange-traded funds, which let investors buy shares that track XRP, took in $17.11 million in one day in the latest data, the strongest daily intake since early February and the fourth straight session of net inflows.
- Issuer flows were led by Bitwise with $6.23 million, with 21Shares at $5.43 million and Franklin at $5.3 million, pointing to broad interest across the largest U.S.-listed products.
- Total assets reported by trackers diverged, with CoinCentral citing $1.02 billion across spot XRP ETFs while crypto.news reported U.S.-listed assets above $1.25 billion, a gap tied to differences in coverage scope and timing.
- Market watchers credit two catalysts for the allocation pickup: the SEC’s CLARITY Act roundtable in Washington that spotlights payment-token regulation, and Ripple’s tokenized government bond pilot with South Korea’s Kyobo Life.
- XRP’s price climbed about 6% to $1.42 alongside higher on-chain activity, and analysts note that thin exchange supply can make each new ETF purchase move prices more than usual.