XRP ETFs reach $1.8 billion in cumulative net inflows, SosoValue data shows
In brief
- XRP ETF cumulative net inflows stood at $1.8 billion as of October 22, per SosoValue data.
- Daily net inflows into the funds totaled $708,520 during the October 21 session.
- Institutional demand slowed significantly, with only modest inflows over the past week, U.Today reported.
- U.Today linked weak performance across XRP ETF products to the recent market downturn.
A small day, a bigger running total
The October 21 number isn't large. $708,520 in daily net inflows is what pushed the funds to the $1.8 billion mark, and it's worth reading the two figures side by side rather than treating the milestone as a sign of fresh momentum.
A cumulative total goes up any time a session closes with net inflows. Even a small positive day (like this one) adds to it.
Demand has cooled
U.Today reported that institutional demand for XRP ETFs slowed significantly in the days before the milestone, and that the funds recorded only modest inflows over the past week. The outlet attributed poor performance across XRP ETF products to the recent market downturn.
That's the tension in this data.
The lifetime figure tells you how much money has gone into these products since they launched late last year. It doesn't tell you much about whether buyers are still showing up this week, and by U.Today's own account they've been showing up in smaller numbers lately.
What U.Today reads into it
U.Today framed the $1.8 billion total as a sign of sustained investor interest in XRP exposure through the funds' issuing firms, and it named Bitwise in particular. That's the outlet's own analysis. SosoValue's inflow numbers, as reported, don't break demand down by issuer.
The report also cited unnamed market speculators who said the funds could reach $2 billion in cumulative inflows if momentum picked up in the following week. None of them were identified. We're treating that $2 billion figure as commentary, not a projection, and there's nothing in the flow data so far that confirms it.
For now, the board reads $1.8 billion in cumulative net inflows. The last week of flows, by U.Today's description, has been quiet.
Frequently asked questions
How much money have XRP ETFs taken in since launch?
SosoValue data as of October 22, reported by U.Today, shows XRP ETFs have drawn $1.8 billion in cumulative net inflows since launching last November. The total reached that level after a $708,520 net inflow day on October 21.
Is demand for XRP ETFs still growing?
U.Today reported that institutional demand slowed significantly in the days before the milestone and that the funds recorded only modest inflows over the past week. The outlet attributed weak performance across XRP ETF products to the recent market downturn.
