U.S. spot XRP ETFs log $170M in inflows over 11-day streak

U.S. spot XRP ETFs have posted net inflows for 11 straight trading sessions, drawing a total of $170 million since Aug. 18, CoinDesk reported, citing SoSoValue. Net inflows totaled $14.38 million on Sept. 1, according to the report, while cumulative net inflows since the products launched in November last year rose to $1.68 billion. As of 13F filings at the end of the second quarter, Goldman Sachs was the largest institutional holder of XRP ETFs at about $87.4 million, although the position may have included market-making, basis trading, and client order inventory, making it difficult to conclude the holdings were a directional bet on XRP price gains.