XRP spot ETFs launched November 2025 (Bitwise, Grayscale, 21Shares, Franklin Templeton). Cumulative net inflows reached about $1.49B by July 2026 as reported; flows are the cleanest read on institutional XRP demand.
Ethereum ETF flows = net daily creations minus redemptions across the US spot ETH ETFs. Positive = institutions adding exposure; negative = trimming. Read alongside price and AUM, not in isolation.
