XRP ETF Attracts $3.5M Inflow

Franklin Templeton’s XRP exchange-traded fund continues to attract capital despite broader pressure on the XRP market. According to U.Today and SoSoValue data, XRPZ recorded approximately $3.5013 million in net inflows on September 16, making it the only XRP ETF with positive flows that day. The fund has now accumulated roughly $483 million in total net inflows. Other XRP ETFs did not record positive flows during the same session. Continued demand for a regulated XRP investment product is notable after a volatile week across digital assets. ETF flows can provide useful signals about institutional interest and liquidity around individual cryptocurrencies, which also matters to exchange users watching XRP rates. Check the latest XRP price and exchange conditions on xbit.money before converting your assets.

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