XRP Spot ETFs See Significant Net Inflows Amid Market Surge

The U.S. XRP spot ETF witnessed substantial net inflows on December 2nd, according to data from SoSoValue, totaling $67.74 million. Grayscale GXRP contributed a significant portion of this inflow, adding $45.78 million to the total, bringing its historical cumulative inflow to $170 million. Franklin XRPZ also experienced inflows, contributing $8.22 million, for a historical cumulative inflow of $122 million. As a result, the total net asset value of all XRP spot ETFs reached $845 million with an XRP net asset ratio of 0.65%. Meanwhile, other prominent ETFs saw varying levels of activity.

The Canary HBAR spot ETF recorded a notable net inflow of $1.78 million, increasing its total net asset value to $66.47 million and representing an HBAR market share of 1.08%. Grayscale’s DOGE ETF also experienced inflows, totaling $510,000, resulting in a total net asset value of $6.58 million for the DOGE spot ETF. On the other hand, the Litecoin ETF remained unchanged.