Bitwise and Franklin ETFs Buy $22 Million in XRP

XRP spot ETFs recorded more than $22 million in net inflows on Sept.

According to SoSoValue data, US spot XRP ETFs recorded a combined net inflow of approximately $22.65 million on Sept. 25. The latest figures extended a recent period of positive flows into XRP investment products, even as the underlying token came under renewed selling pressure.

Bitwise’s XRP ETF recorded the largest inflow for the session, attracting approximately $18.39 million. The fund’s cumulative net inflows subsequently reached about $677 million.

The Franklin XRP ETF ranked second, recording approximately $4.26 million in daily inflows and bringing its cumulative net inflows to roughly $501 million.

Across all spot XRP ETFs, total net assets stood at approximately $1.77 billion. Cumulative historical net inflows reached about $1.79 billion, while XRP represented approximately 1.80% of the funds’ net asset value according to the reported data.

The latest inflows follow another positive session on Sept. 23, when spot XRP ETFs attracted approximately $18.04 million.

Bitwise again accounted for the largest share, receiving about $11.54 million during the session. That brought its cumulative inflows to approximately $649 million at the time.

Franklin’s XRP ETF recorded another $6.50 million in inflows, taking its cumulative total to roughly $492 million.

The consecutive inflow sessions suggest that institutional exposure through spot ETF products has remained positive even as broader market conditions have become less favorable for XRP.

ETF flows, however, represent capital entering or leaving investment products and do not necessarily translate directly into the same-day price performance of the underlying asset.

Other major crypto ETFs also recorded positive flows on Sept. 25. Bitcoin spot ETFs registered approximately $134 million in net inflows, according to SoSoValue, extending their inflow streak to seven consecutive sessions.

BlackRock’s IBIT accounted for approximately $96.99 million of the Bitcoin total, while Fidelity’s FBTC recorded around $49.32 million.

Ethereum spot ETFs also remained in positive territory, with approximately $86.95 million in net inflows. The category extended its own inflow streak to six sessions. BlackRock’s ETHA and ETHB products recorded approximately $50.37 million and $31.88 million, respectively.

The continued ETF inflows have not translated into immediate price strength for XRP. XRP was trading around $1.54 on Friday, down approximately 4.6% over the previous 24 hours.

Its market capitalization stood at roughly $96.89 billion, also down 4.6%, while 24-hour trading volume declined 22.06% to approximately $4.97 billion.

The divergence between ETF flows and spot performance highlights the difference between institutional demand for investment products and short-term market positioning. While sustained inflows can indicate continued interest in gaining XRP exposure, they do not eliminate selling pressure elsewhere in the market.

For XRP, the recent ETF data therefore provides evidence of continued institutional participation, but the token’s latest price decline shows that positive fund flows are not currently sufficient to prevent broader market pressure from affecting the asset.