Bitwise and Franklin Templeton Resume XRP ETF Buying After Five-Day Lull
- —Bitwise bought 2.23 million XRP worth ~$2.86 million after five days of zero inflows
- —Franklin Templeton purchased 4.34 million XRP worth ~$5.57 million, the largest buy of the day
- —Combined XRP ETF inflows topped $8 million in the latest session
- —Cumulative net inflows into XRP ETFs stand at ~$1.81 billion, net assets at $1.47 billion
Why it matters: Renewed institutional demand for XRP ETFs could support the token after its 25% slide and signals returning appetite for the product.
Source: U.Today