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XRP spot ETF saw a net inflow of $38 million last week, with Bitwise and Franklin leading, while 21Shares products experienced significant redemptions.
【ChainNews】Last week’s trading days (Eastern Time January 5 to January 9) saw a clear divergence of funds in the XRP spot ETF market. Overall, the XRP spot ETF achieved a weekly net inflow of $38.07 million, indicating ongoing market interest in this mainstream asset.
However, the funds were not evenly distributed. Among them, the Bitwise XRP ETF performed the best, attracting $27.10 million in a single week, setting the strongest weekly record for this type of product. The ETF’s total net inflow has surpassed $292 million. Following closely is the Franklin XRP ETF, with a weekly net inflow of $24.47 million, bringing its total historical inflow to $277 million.
Not all products experienced gains. The 21Shares XRP ETF faced a cold reception, with a weekly net outflow of $39.83 million last week, the largest outflow among similar products. Although its total net outflow is only $7.77 million, recent redemption pressure is indeed significant.
From the macro data of the entire XRP spot ETF market, as of press time, the total net asset value reached $1.47 billion, and the ETF net asset ratio (comparing market value to Bitcoin’s total market value) has reached 1.16%. The total cumulative net inflow has exceeded $1.22 billion, indicating that this sector’s weight in institutional allocations continues to grow.