$XRP FOLLOW BE MASTER BUY SMART - THE LADY IS THE BEST !!!
- GOOD ANALYSIS, UP-TO-DATE NEWS
- FOLLOW BE MASTER BUY SMART !!!
BeMaster BuySmart
·
--
Only XRP Spot ETFs Saw Inflows
$XRP spot ETFs recorded significant net inflows on February 4, highlighting growing institutional interest in the asset. According to SoSoValue, the total net inflow into $XRP spot ETFs reached $4.83 million in a single day. This activity contrasts with other major crypto assets. Bitcoin recorded a net outflow of $545 million, and ETH saw $79 million leave their ETFs. Crypto commentator X Finance Bull (@Xfinancebull) noted the contrast, highlighting that “XRP ETFs are the only ones doing well” while other major assets saw outflows. The data points to a rotation of capital within the market and signals continued institutional engagement with XRP. The data he shared shows Franklin Templeton’s ETF (XRPZ) leads inflows, receiving $2.51 million in a single day. This brought its historical cumulative net inflow to $317 million. Following closely, the Bitwise ETF (XRP) added $1.72 million, raising its cumulative total to $345 million. At the time of his post, the total assets under management (AUM) for spot XRP ETFs remained above $1 billion, with a historical cumulative net inflow of $1.21 billion.
👉XRP’s Market Activity While the inflows suggest strong institutional support, XRP’s price experienced a sharp correction on February 5. After remaining stable between $1.49 and $1.6 on February 4, XRP fell to a low of $1.15. The asset has since partially recovered and is currently trading at $1.27, representing a near 12% decline from its value a day prior. This price movement occurred despite inflows into XRP ETFs, indicating that short-term market volatility has affected retail and speculative trading. However, ETF inflows can provide a foundation for recovery, particularly if institutional interest continues to grow. 👉ETF Inflows Could Support Recovery The capital entering XRP spot ETFs demonstrates that institutional investors maintain confidence in the asset. Net inflows of this magnitude help reinforce liquidity and can provide upward pressure on price when market conditions stabilize. ETFs serve as a channel for professional investors to accumulate XRP. The Franklin Templeton and Bitwise ETFs, which account for a combined historical inflow of over $662 million, highlight how institutions are allocating capital despite short-term price declines. Continued investment through these funds can act as a stabilizing factor and potentially accelerate price recovery in the near term. X Finance Bull emphasized the importance of monitoring this trend, stating, “Capital is rotating. Watch closely.” As inflows continue, they may provide a floor for XRP’s price and boost investors’ confidence.
🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰 Appreciate the work. 😍 Thank You. 👍 FOLLOW BeMaster BuySmart 🚀 TO FIND OUT MORE $$$$$ 🤩 BE MASTER BUY SMART 💰🤩 🚀🚀🚀 PLEASE CLICK FOLLOW BE MASTER BUY SMART - Thank You.
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول.اطلع على الشروط والأحكام.
0
0
7
استكشف أحدث أخبار العملات الرقمية
⚡️ كُن جزءًا من أحدث النقاشات في مجال العملات الرقمية