XRP Spot ETFs See Significant Inflows on January 6

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XRP spot ETFs experienced significant net inflows of $19.12 million on January 6, with Franklin XRP ETF leading. Total net asset value now stands at $1.62 billion, amidst speculation of XRP breaking $2.13 and reaching new highs.

On January 6, XRP spot Exchange Traded Funds (ETFs) collectively recorded a substantial net inflow of $19.12 million. The Franklin XRP ETF (XRPZ) was a significant contributor to this, leading with a single-day net inflow of $7.35 million, bringing its historical total net inflow to $272 million. The Canary XRP ETF (XRPC) also saw considerable activity with a net inflow of $6.49 million, pushing its historical total net inflow to $390 million. As of the latest update, the total net asset value for XRP spot ETFs has reached $1.62 billion, with an XRP net asset ratio of 1.18%. This positive investment trend coincides with discussions around XRP breaking the $2.13 mark and predictions of it reaching a new all-time high.

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