XRP ETFs Take In $11.31 Million as Token Falls 7.3%

U.S. spot XRP exchange-traded funds recorded $11.31 million in net inflows from Oct. 5-9 even as XRP fell 7.3% to about $1.40, leaving the products with positive weekly flows but lower asset values. The funds held approximately 1.19 billion XRP at the Oct. 9 close. Bitwise accounted for approximately $10.55 million of the weekly inflows. Franklin Templeton’s XRPZ added about $4.10 million, while Canary Capital’s XRPC recorded an estimated $3.34 million outflow. The distribution of flows was uneven across the products.

Source: TokenPost