Tickers
XRP ETFs recorded zero net inflows even as cumulative inflows stalled near $1.81 billion, despite Ripple expanding its banking business through partnerships with BNY, Coinbase and Robinhood. The flat flows suggest institutional partnership announcements have not yet translated into fresh ETF demand for XRPUSD.
XRP exchange-traded funds recorded zero net inflows, with cumulative inflows stalling near $1.81 billion, according to Coinpaper. The flat flows came despite Ripple expanding its banking business through partnerships with BNY, Coinbase and Robinhood.
Inflows Stall Near $1.81 Billion
XRP ETF inflows have stalled near the $1.81 billion mark. The most recent reading showed zero net inflows.
Ripple’s Partnership Push
Ripple has been expanding its banking business through partnerships with BNY, Coinbase and Robinhood, per the report.
Institutional Growth vs. ETF Demand
The report raises the question of why institutional growth is not driving fresh demand for XRP ETFs. The zero-inflow reading suggests the partnership announcements have not yet translated into new ETF inflows.
Key Figures
- Zero: net inflows recorded by XRP ETFs in the latest reading
- ~$1.81 billion: level near which cumulative XRP ETF inflows have stalled
- XRPUSD: the symbol referenced in the report
The source material does not specify the reporting period for the zero-inflow reading or provide further detail on the individual partnerships.