Franklin's XRP ETF Pulls In Fresh $3.5 Million

Franklin Templeton’s $XRP exchange-traded fund has recorded another round of fresh investor demand, with XRPZ attracting roughly $3.5 million in net inflows.

The Franklin $XRP ETF was the only $XRP fund to record positive flows for the day, according to the latest fund-flow data.

More precisely, separate SoSoValue data put XRPZ’s Sept. 16 net inflow at $3.5013 million. The fund has now accumulated roughly $483 million in net inflows.

CoinGlass data supplied for the preceding sessions shows that $XRP ETFs recorded $2.73 million in net inflows on Wednesday, with the entire amount attributed to Franklin’s XRPZ.

There were no net flows recorded on Sept. 15. One day earlier, however, $XRP ETFs attracted $8.40 million.

On Sept. 11, the funds recorded no net inflows or outflows. Franklin then accounted for all of the $3.69 million in net inflows recorded on Sept. 10.

Sept. 9 was one of the stronger recent sessions. $XRP ETFs attracted approximately $8.67 million in total, including $6.57 million flowing into Bitwise’s product and another $2.11 million going into Grayscale’s $XRP fund.

Franklin has been one of the most consistent sources of fresh $XRP ETF demand during September.

$XRP's most recent price drop