US Spot XRP ETFs Record $7.76M One-Day Net Inflow Led by Bitwise
US spot XRP ETFs posted a combined one-day net inflow of $7.76 million on Jan. 26 (EST), driven mainly by Bitwise’s XRP ETF which contributed $5.31 million. Canary’s XRPC added $1.41 million. As of the report, Bitwise’s fund has cumulative net inflows of about $324 million and Canary’s cumulative inflows are about $399 million. Total net asset value (NAV) across US XRP spot ETFs stood near $1.36 billion, with XRP representing roughly 1.18% of ETF assets. Cumulative historical net inflows into XRP spot ETFs have reached about $1.24 billion. Data source: SoSoValue. This report is informational and not investment advice.
Bullish
Net inflows into spot ETFs generally signal growing institutional or retail demand for the underlying asset. A $7.76M one-day inflow—led by Bitwise’s XRP ETF and supported by Canary’s XRPC—adds fresh buy-side pressure on XRP, which is likely to be positive for price in the short term. The continued cumulative inflows (around $1.24B across funds and $324M into Bitwise specifically) indicate persistent interest that can support further price appreciation over the medium term if inflows continue. However, the NAV relative to total crypto markets remains modest and XRP’s allocation within ETFs is small (about 1.18%), so the price impact is limited compared with larger flows into BTC or ETH products. Traders should watch daily flow trends, fund-level concentration, and broader market liquidity: sustained inflows could be bullish, while a reversal or outflows would remove a key demand source and could weigh on XRP. This assessment focuses solely on price impact for XRP.