Notably, all exchange-traded products (ETPs) tied to XRP in the US are pegged to derivatives, with the SEC yet to greenlight spot products as of July 29.
On July 21, XXRP saw the most significant daily volume of any XRP ETF in the US to date, capturing $50.4 million.
Regarding last week’s performance, Volatility Shares’ funds registered similar growth. XRPI total inflows increased by 27% by $33.6 million. At the same time, XRPT added $43.6 million in inflows, growing 26%.
XRP-based products closed June with nearly $410 million in year-to-date flows, against SOL’s $292.5 million.
However, XRP products now amount to $721 million in the global total net flows, losing ground to Solana-tied ETPs and their $844 million in inflows.