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Altcoins & DeFi

XRP ETFs Hit $1.8 Billion in Cumulative Inflows Since Launch

Image: U.Today

Although demand for XRP ETFs among institutional investors has slowed significantly in recent days, the funds have just reached a key level in cumulative inflows since they launched late last year. While the recent market downturn has triggered poor performance across the XRP ETF ecosystem, the funds have only recorded modest inflows in the past week, yet they remain on track to hitting a key milestone soon. As of October 22, the latest data from SosoValue shows that XRP ETFs have reached a massive $1.8 billion in cumulative net inflows since their launch in November last year. This record level has come after the XRP ETFs attracted $708,520 in daily net inflows during their latest trading session on October 21.

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