U.S. spot XRP ETFs recorded $18.04 million in net inflows on September 23, lifting cumulative inflows to $1.748 billion, according to SoSoValue. Bitwise’s XRP ETF led the session with $11.54 million, while Franklin’s XRPZ added $6.50 million, as fresh capital entered the products during a volatile trading session for XRP.
The latest flows raised Bitwise’s cumulative net inflows to $649 million and Franklin’s to $492 million. Across the category, total net assets stood at about $1.65 billion, equal to 1.77% of XRP’s market capitalization, while the two funds accounted for all of the day’s reported net inflows.
The immediate question is whether demand can continue and move cumulative inflows closer to the $2 billion threshold. Sustained subscriptions would deepen regulated XRP exposure through U.S. spot ETFs, while weaker flows or further price declines could slow progress toward that milestone.
Source: SoSoValue.
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