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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Evolves From Bridge Asset to DeFi Collateral, Says Evernorth CEO
Evernorth CEO Asheesh Birla is shifting XRP's role from a settlement tool to a productive asset in decentralized finance, focusing on capital efficiency. The company aims to activate dormant capital through initiatives like native XRP lending, positioning XRP as a key player in credit markets.
CryptoFrontier7h ago
XRP Rallies to $1.48 Amid Iran Deal and Ripple Banking News
XRP price rose to $1.48 on April 17, up 4.51% over the last 24 hours, as stronger trading activity, easing geopolitical tension, and Ripple-related banking developments supported sentiment, according to market data. Daily trading volume increased 14.35% to $4.52 billion, while the token's market
CryptoFrontier7h ago
XRP Goes Live on Solana as Official Wrapped Token
Ripple's XRP launched on Solana as a wrapped cross-chain asset on April 17, partnering with Hex Trust and others. This move, aimed at boosting liquidity and expanding access to Solana's DEX ecosystem, highlights Solana's growing role in cross-chain tokenization.
GateNews7h ago
XRP Consolidation Signals Reset as Bullish Setup Emerges
XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.
CryptoNewsLand10h ago
