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XRP Exchange-Traded Products Drew $355.3 Million in Q3 Net Inflows

Global product inflows rose 39.6% during the quarter, while XRP Ledger stablecoin supply and tokenized real-world asset value also increased.

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A silver token rests beside three smaller metal discs / TokenPost.ai
A silver token rests beside three smaller metal discs / TokenPost.ai

Global XRP exchange-traded products recorded $355.3 million in net inflows during the third quarter, as XRP Ledger stablecoin supply and tokenized asset value also posted gains.

Net inflows were up 39.6%, and the products had $3.32 billion in assets under management. The inflow figure measures activity over the quarter, while assets under management is a measure of the products’ holdings.

On the XRP Ledger, stablecoin supply rose 25.2% to $1.03 billion during the quarter. Distributed tokenized real-world asset value increased 29.2% to $498.7 million. Those ledger figures cover separate asset categories from the exchange-traded product figures.

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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