XRP Spot ETFs Attract $4.83M as Volume Reaches New High

Coinfomania
XRP-2,46%

U.S. XRP spot ETFs pulled in fresh money on February 5, even as price action stayed weak. Data from SoSoValue shows a total net inflow of $4.83 million for the day. At the same time, daily trading volume jumped to about $79.2 million. It’s the highest level so far.

This mix of rising inflows and record trading volume suggests steady investor interest. It also shows that activity in XRP ETFs is still growing. Even during choppy market conditions.

Franklin and Bitwise Lead Daily Inflows

Among the funds, the Franklin XRP ETF (XRPZ) posted the largest inflow. It added about $2.51 million in a single day. That pushed its cumulative total to roughly $317 million. The Bitwise XRP ETF followed next. It recorded about $1.72 million in daily inflows. Its historical total now stands near $345 million. These two funds together made up the bulk of the day’s inflows. Other ETFs saw smaller movements. With some reporting flat or negative flows.

Total Assets Cross the $1 Billion Mark

As of the latest data, total assets under management across all XRP spot ETFs sit near $1.07 billion. The cumulative net inflow has reached about $1.21 billion since launch. The XRP spot ETFs now represent roughly 1.15% of total market value. While that share is still small, it shows that institutional style exposure is slowly building. Also, daily data shows the total trading value of the products is around $66.8 million. This reflects growing activity from traders and investors who prefer ETF exposure. Instead of holding tokens directly.

Rising Volume Despite Weak Price Action

Interestingly, the XRP spot ETF inflows came during a period of weak XRP price movement. Some ETF products even showed daily price drops of more than 20%. Even so, trading activity increased. This often happens during volatile periods. Investors move in and out of positions, which pushes volume higher. The record daily volume suggests that market participants are still engaged. Some may be buying dips, while others adjust their positions.

A Slow but Steady Build in Demand

Overall, the data shows a steady trend rather than explosive growth. Inflows remain modest but they continue to come in regularly. Cumulative inflows above $1.2 billion indicate that these products are gaining traction. But the market still moves in small steps instead of big waves. As such, the focus stays on volume and consistent inflows. If this trend continues, XRP spot ETFs could see rising demand. Once the broader crypto market stabilizes.

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