XRP ETF Sees $3.5M Daily Inflow, Franklin Dominates

America's XRP spot exchange-traded fund (ETF) saw a net inflow of $3.5013 million (approximately KRW 48 billion) on September 16. All of the inflow went to Franklin XRP ETF (XRPZ). According to SoSoValue, the total daily net inflow for U.S. XRP spot ETFs was $3.5013 million. The cumulative net inflow for Franklin XRP ETF reached $483 million (approximately KRW 662 billion). PANews reported that the historical cumulative net inflow for U.S. XRP spot ETFs has reached $171.6 million (approximately KRW 2.351 trillion), with a total net asset value of $139.6 million (approximately KRW 1.913 trillion) as of the reporting date. The ETF's net asset ratio to XRP market capitalization stands at 1.70%, reflecting the proportion of assets held by ETFs relative to XRP's total market cap. No other XRP spot ETFs showed net inflows in this period, with all daily funds concentrated in Franklin XRP ETF. Franklin Templeton's XRP ETF is an investment product that holds XRP as its underlying asset and trades on U.S. exchanges, tracking XRP price movements with ticker XRPZ. Net inflows represent the difference between funds entering and exiting the ETF over a period, reflecting both new subscriptions and redemptions. A single day's net inflow does not necessarily indicate rising XRP prices or long-term demand growth. It also differs from the ETF manager buying XRP using its own capital. Previously, on September 14, $11.255 million flowed into XRP spot ETFs, concentrated in Bitwise XRP ETF. This day's inflow was smaller than the previous single-product concentration and shifted from Bitwise to Franklin XRP ETF. Net inflows vary daily by product, requiring separate analysis of which products attract funds alongside overall market trends. Total net asset value and cumulative net inflow are distinct metrics: the former measures assets held at a specific point in time, while the latter is the sum of daily net flows over multiple trading days. Domestic investors should note that U.S. trading day dates may differ from local dates; this figure is based on September 16 U.S. trading day. In the current XRP spot ETF market, total cumulative inflows have surpassed $1.7 billion, with today's funds flowing exclusively into Franklin XRP ETF. Future tracking will determine if this trend continues or diversifies across other products.