11.87 million daily net inflows, 1.1 billion total assets, and a net asset ratio of 1.37%—this ratio looks healthy. It doesn’t seem like some ETFs that flood the market with capital as soon as they get listed.

According to SoSoValue data, on May 29 in U.S. Eastern Time, the XRP spot ETF recorded a net inflow of $11.8794 million on the day. The Bitwise XRP ETF (XRP) recorded a net inflow of $7.3571 million on the day, for a total of $471 million; the Canary XRP ETF (XRPC) recorded a net inflow of $2.3779 million on the day, for a total of $454 million. As of the time of writing, the total net asset value of the XRP spot ETFs is $112.3 million, with net asset ratio of 1.37%, and cumulative net inflows of $1.423 billion.