XRP Holds $1.10 Despite $8.15M ETF Inflows During July 20-24 Week

XRP0.45%
Key Takeaways
  • XRP spot ETFs recorded $8.15 million in net inflows during July 20 to 24 trading week.
  • Franklin Templeton's XRPZ led with $5.66 million while Bitwise contributed $2.49 million inflows.
  • XRP trades around $1.10 with total ETF net assets reaching $997 million.

XRP trades around $1.10 despite XRP spot ETFs recording $8.15 million in net inflows during the July 20 to 24 trading week, according to SoSoValue data. The price remains mostly flat as persistent selling absorbs fresh institutional capital, preventing a sustained breakout. Franklin Templeton's XRPZ led weekly inflows with $5.66 million, while Bitwise contributed $2.49 million, bringing total net assets across XRP spot ETFs to $997 million with cumulative historical inflows reaching $1.49 billion.

Franklin Templeton and Bitwise Lead XRP ETF Inflows for July 20-24 Week

Franklin Templeton's XRPZ recorded $5.66 million in net inflows during the July 20 to 24 trading week, lifting its cumulative inflows to $421 million. Bitwise followed with $2.49 million, bringing its total to $501 million. Total net assets across XRP spot ETFs now stand at $997 million, while cumulative historical net inflows have reached $1.49 billion. ETF assets represent approximately 1.46% of XRP's total market capitalization.

XRP Trades Between $1.10 and $1.11 With 1.2% Weekly Gain

XRP is up roughly 1.2% over the past seven days, trading in a tight range between $1.10 and $1.11. The $1.10 level marks the lower edge of immediate demand, while $1.11 caps recent buying pressure. XRP market capitalization stands at approximately $69.1 billion. Weekly ETF inflows of approximately $8 million remain small relative to the token's market scale.

FAQ

What were XRP ETF inflows during the July 20 to 24 trading week?

XRP spot ETFs recorded $8.15 million in net inflows during the July 20 to 24 trading week, according to SoSoValue. Franklin Templeton's XRPZ led with $5.66 million, while Bitwise contributed $2.49 million.

What is XRP's current price range?

XRP trades around $1.10, moving between $1.10 and $1.11. The token is up roughly 1.2% over the past seven days despite steady ETF inflows.

How much capital is held in XRP spot ETFs?

Total net assets across XRP spot ETFs stand at $997 million, with cumulative historical net inflows reaching $1.49 billion. ETF assets represent approximately 1.46% of XRP's total market capitalization.

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