XRP ETF's net inflow data looks quite stable, with Bitwise and Canary sharing the market; a total of 1.4 billion in inflows indicates that institutions are truly buying.

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.