On May 5, $XRP spot ETFs recorded strong net inflows of $11.28 million, Odaily reported. The Canary XRP ETF (XRPC) led the move with $7.50 million in single-day inflows, lifting its cumulative historical inflows to $432 million. The Bitwise XRP ETF (XRP) followed with $2.68 million in net inflows, bringing its historical total to $427 million.
At the latest update, $XRP spot ETFs had a combined net asset value (NAV) of $1.09 billion, with an XRP net asset ratio of 1.24%. Total cumulative net inflows across these products have reached $1.31 billion.