The spot XRP ETF funds have surpassed $1 billion in inflows since its launch in November.

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The US-based XRP ETF spot funds reached a significant milestone on Monday as total accumulated inflows surpassed $1 billion, indicating growing institutional interest in altcoin ETFs. According to data from SoSoValue, the XRP spot ETFs recorded a net inflow of $10.89 million on the day, contributed by funds from Canary, Grayscale, and Franklin Templeton. Since the launch of the first XRP spot ETF on November 13, the total inflow has hit the $1 billion mark.

Kronos Research Investment Director, Mr. Vincent Liu, stated that this milestone reflects increasing demand for managed crypto products beyond Bitcoin and Ethereum, especially as XRP makes positive legal progress. Conversely, Bitcoin and Ethereum spot ETFs experienced significant capital outflows, coinciding with a notable decline in Bitcoin’s price amid renewed macroeconomic uncertainty.

XRP1.8%
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