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Roundhill Trust Amends XRP ETF Filing as Inflows Continue to Surge
Roundhill Trust amends its XRP ETF filing as spot XRP funds see 30 days of inflows, signaling growing investor confidence in digital assets.
Roundhill Trust has amended its filing for the XRP Covered Call Strategy ETF. This comes amid continued positive momentum in the spot XRP ETF market.
The revised filing reflects growing investor interest in cryptocurrency-based investment strategies. XRP ETFs in the U.S. have now recorded 30 consecutive days of net inflows.
Roundhill Trust Updates Its Filing for XRP ETF Strategy
Roundhill Trust recently filed an amendment to its Form 485BXT with the SEC. The update clarifies that the ETF does not hold spot XRP directly.
Instead, it generates income by using options linked to XRP ETFs. This change offers a new way for investors to gain exposure to XRP without owning the token itself.
The fund will allocate at least 80% of its net assets to options strategies tied to XRP ETFs.
By focusing on options rather than direct holdings, the ETF aims to offer an alternative to traditional XRP investments.
This strategy is designed for those who want to benefit from XRP’s price movements without having direct exposure to the token.
This filing amendment shows Roundhill Trust’s commitment to providing innovative products in the cryptocurrency space.
With growing demand for XRP-related investments, this update may attract more investors.
It reflects the continued maturation of the crypto ETF market and offers new options for those interested in XRP.
Spot XRP ETFs See Continued Inflows Amid Market Volatility
Spot XRP ETFs in the U.S. have seen significant capital inflows, marking 30 consecutive days of net gains.
On December 30, these funds recorded $15.55 million in net inflows. This brings the total inflows to around $1.16 billion since the launch of the ETF.
Despite the broader volatility in the crypto market, these funds have remained attractive to investors.
XRP-related ETFs have continued to perform well, reflecting confidence in the asset. The total assets under management for XRP funds stand at $1.27 billion, indicating sustained investor interest.
Moreover, XRP balances on exchanges have dropped to new lows, indicating accumulation.
Investors appear to be holding XRP, suggesting that they believe in the long-term value of the token.
This trend supports the growing demand for XRP-related investment products in the market.
**_Related Reading: _**Standard Chartered Predicts 330% XRP Upside as ETF Inflows and Adoption Accelerate
Broader Crypto ETF Market Sees Growing Interest from Investors
XRP ETFs are part of a broader trend in the crypto ETF market. Spot Bitcoin ETFs recently reversed a seven-day outflow streak, recording $355 million in inflows.
Similarly, Ethereum ETFs saw $67.84 million in inflows, reflecting the strong appetite for cryptocurrency ETFs.
These trends highlight the increasing acceptance of digital asset ETFs among institutional and retail investors.
As more capital flows into the market, ETFs provide a simpler and less risky way to invest in crypto.
With more products emerging, investors now have a variety of options to gain exposure to cryptocurrencies.
Roundhill Trust’s filing amendment and the ongoing success of XRP ETFs show that the crypto ETF market is growing.
Investors are increasingly seeking ways to participate in the cryptocurrency space through ETFs.
This trend is likely to continue as the market matures and offers more diverse investment strategies.