The Bitwise XRP ETF began trading on Thursday on the New York Stock Exchange (NYSE), giving U.S. investors regulated access to the underlying asset (XRP) without having to buy or store the token directly. The Bitwise XRP ETF recorded approximately 105 million dollars in inflow volume on Thursday.
Combined, the Canary Capital XRPC and Bitwise XRP ETFs recorded 118 million dollars in net inflow volume. SoSoValue data shows a cumulative net flow of 411 million dollars, with net assets of 385 million dollars.