The first US XRP spot ETF was launched, with no net inflows on the first day, but a net inflow of $243 million on the second day.

The first US-listed XRP spot ETF has been launched on Nasdaq, supporting cash in-kind creation and redemption, with a management fee of 0.50%. On its second day of trading, it saw net inflows of $243 million, bringing its total net asset value to $248 million.