Gate News message, April 17 — XRP exchange-traded funds (ETFs) have surpassed $1.08 billion in total net assets, fueled by $11.87 million in daily net inflows, according to market analyst Xaif Crypto. The milestone reflects accelerating institutional demand for XRP exposure.
Bitwise Asset Management’s XRP ETF leads the market with approximately $313.69 million in assets, followed by Canary Capital with roughly $287 million. XRP ETFs have also recorded daily trading volumes exceeding $26 million.
Last month, Bitwise disclosed $267 million in new share creations in its annual report filed with the U.S. Securities and Exchange Commission. Share creations signal fresh institutional capital deployment rather than secondary market trading, indicating sustained inflows into XRP investment products.
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