XRP is experiencing ongoing "moderate accumulation" from institutional investors, with ETF capital flows becoming a key indicator to watch.

Latest data shows that in the U.S. market yesterday, XRP spot ETF saw a single-day net inflow of approximately $6.4382 million, all coming from Bitwise's XRP ETF.
From an overall perspective:

Single-day net inflow: $6.4382 million

Bitwise XRP ETF's cumulative net inflow: approximately $426 million

Total net asset value of XRP spot ETF: approximately $1.1B

Historical cumulative net inflow: approximately $1.29B

Net asset ratio: 1.23%

This kind of "stable but not aggressive" capital flow often indicates that institutions are engaging in medium- to long-term allocations rather than short-term speculation.
Unlike BTC and ETH, XRP ETF capital flow is more "gradual accumulation," but its significance lies in—
Once sustained validation occurs, capital will gradually form a trend support.
The market should focus not on how much flows in on a single day, but whether such inflows are "continuous."
When capital keeps entering, price is just the result.
Follow me for ongoing tracking of ETF capital flows and the mainstream asset pricing logic.