XRP (CRYPTO: $XRP) exchange-traded funds (ETF) are experiencing their biggest inflows since January of this year.
The five U.S.-listed spot XRP ETFs reported a combined $25.8 million U.S. of net inflows on May 11, the largest single-day investment since Jan. 5 of this year, according to market data.
The rise of capital flowing into XRP ETFs comes amid several developments related to Ripple, the technology company behind the XRP cryptocurrency.
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Ripple recently announced the successful closing of a $200 million U.S. debt facility that will support the continued growth of its multi-asset prime brokerage platform called “Ripple Prime.”
Ripple also completed a pilot tokenized U.S. Treasury settlement on the XRP Ledger with JPMorgan Chase (NYSE: $JPM) and Mastercard (NYSE: $MA).
Cumulative net inflows across all XRP spot ETFs now sit at $1.35 billion U.S., with total net assets at $1.18 billion U.S., representing about 1.3% of XRP’s market capitalization.
XRP’s price remains down 39% over the past six months despite the success of the ETFs. XRP is currently trading at $1.44 U.S., well below its July 2025 record high of $3.65 U.S.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: finance.yahoo.com
