TechFlow News, March 16: According to SoSoValue data, XRP spot ETFs recorded net outflows of $28.07 million last week (U.S. Eastern Time, March 9–13).
Last week, the XRP spot ETF with the largest net outflow was the Franklin ETF XRPZ, which saw weekly net outflows of $7.4488 million. XRPZ’s cumulative net inflows to date stand at $322 million. The second-largest net outflow was recorded by the Bitwise ETF XRP, with weekly net outflows of $7.4002 million; its cumulative net inflows to date total $370 million.
As of press time, the total net asset value (NAV) of XRP spot ETFs stands at $984 million, representing an ETF net asset ratio (i.e., share of XRP’s total market capitalization) of 1.15%. Cumulative net inflows since inception have reached $1.21 billion.
