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Trading Insight_News
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$XRP Spot XRP ETFs See $8.73M Net Inflows Yesterday, Canary And Bitwise Lead The New Institutional Wave
On 09/12, total net inflows Spot XRP ETF reached $8.73 million, indicating steady interest from institutional investors in the asset.
🔸Canary XRP ETF continues to assert its dominance with the largest daily inflow of $6.08 million. Historically, XRPC has attracted a total of $371 million, making it one of the most successful XRP ETFs.
🔸Bitwise XRP ETF came in second with a more modest inflow of $1.42 million, bringing its cumulative total to $193 million.
🔸As of writing, the Total Net Assets (AUM) of Spot XRP ETFs have hit $945 million. Notably, the ratio of net assets held by ETFs compared to XRP total market cap sits at just 0.74%.
How do you rate the explosive potential of XRP if the ETF holding ratio grows from 0.74% to 5% in the future?
News is for reference, not investment advice. Please read carefully before making a decision.
On 09/12, total net inflows Spot XRP ETF reached $8.73 million, indicating steady interest from institutional investors in the asset.
🔸Canary XRP ETF continues to assert its dominance with the largest daily inflow of $6.08 million. Historically, XRPC has attracted a total of $371 million, making it one of the most successful XRP ETFs.
🔸Bitwise XRP ETF came in second with a more modest inflow of $1.42 million, bringing its cumulative total to $193 million.
🔸As of writing, the Total Net Assets (AUM) of Spot XRP ETFs have hit $945 million. Notably, the ratio of net assets held by ETFs compared to XRP total market cap sits at just 0.74%.
How do you rate the explosive potential of XRP if the ETF holding ratio grows from 0.74% to 5% in the future?
News is for reference, not investment advice. Please read carefully before making a decision.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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