U.S. spot XRP exchange-traded funds recorded their biggest daily inflow in nearly four months, showing growing institutional interest in XRP-related investment products.
According to data from SoSoValue, spot XRP ETFs in the United States attracted a combined $25.8 million in net inflows on May 11, marking the strongest single trading day since January 5.
Among the biggest contributors, Franklin Templeton led with $13.6 million flowing into its XRPZ fund. Bitwise Asset Management followed with $7.6 million in inflows into its XRP ETF, while Grayscale Investments added another $4.6 million through its GXRP product.
The strong inflows come as institutional demand for regulated crypto investment products continues to rise. Bitcoin ETFs have now recorded seven straight weeks of positive inflows, while Solana ETFs also recently posted their strongest inflow levels since February.
Ethereum ETFs, however, moved in the opposite direction, recording around $16.9 million in net outflows during the same period.
At the same time, Ripple continues expanding its institutional finance operations through services connected to the XRP Ledger ecosystem. Recent projects include tokenized asset settlement systems, brokerage services, custody solutions, and cross-border payment infrastructure.
Last week, Ripple announced it completed a pilot cross-border payment transaction backed by tokenized US Treasuries in cooperation with JPMorgan Chase, Mastercard, and Ondo Finance.
Ripple also recently secured up to $200 million in financing through its prime brokerage division to expand lending and multi-asset trading services for institutional clients.
At the time of reporting, XRP was trading around $1.46, slightly higher over the previous 24 hours.
