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U.S. XRP ETFs Add $740,400 as Cumulative Inflows Reach $1.8 Billion

The funds held $1.509 billion in net assets, $294 million below cumulative net inflows; Bitwise accounted for the full daily total.

Mentioned assets
A ridged silver token tips toward a broad clear glass reservoir / TokenPost.ai
A ridged silver token tips toward a broad clear glass reservoir / TokenPost.ai

U.S. spot XRP exchange-traded funds recorded $740,400 in net inflows on Oct. 14 as XRP traded near $1.32, down about 7% over seven days.

The five U.S. spot funds took in the combined amount, with Bitwise accounting for the full daily inflow. That brought cumulative inflows for its fund to about $688 million. Across the group, cumulative net inflows reached $1.803 billion, while net assets stood at $1.509 billion, a $294 million gap.

As of Oct. 6, the funds had $1.794 billion in cumulative net inflows and $1.697 billion in net assets. By Oct. 14, cumulative inflows had risen about $9 million, while net assets had fallen about $188 million from those figures.

XRP had traded near $1.42 on Oct. 12 before declining after U.S. inflation data came in higher than expected. The funds recorded their 13th consecutive week of positive net inflows. The weekly figures were covered in an earlier update on XRP ETF flows.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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