XRP Spot ETFs Witness Massive Inflows on December 1st

In a significant development, XRP spot ETFs experienced notable inflows totaling $89.65 million on December 1st according to data from SoSoValue. The Grayscale XRP ETF (GXRP) led the charge, recording a single-day inflow of $52.3 million and reaching a cumulative historical net inflow of $124 million. Franklin’s XRP ETF (XRPZ) followed closely with a one-day inflow of $28.41 million, accumulating a total of $114 million in inflows throughout its history. As of the reporting date, the combined total value of XRP spot ETFs stands at $723 million, with an XRP net asset ratio of 0.60%. This brings the cumulative historical net inflow to $756 million.