ChainCatcher News: According to SoSoValue data, this week’s trading days saw a net inflow of $7.65 million into XRP spot ETFs.
The XRP spot ETF with the highest net inflow this week is Franklin ETF XRPZ, with a weekly net inflow of $5.4175 million. Currently, XRPZ’s total net inflow has reached $328 million. The second is Canary ETF XRPC, with a weekly net inflow of $4.2091 million, and its total net inflow has reached $413 million. The XRP spot ETF with the largest net outflow this week is Grayscale XRP Trust GXRP, with a weekly net outflow of $5.897 million. Its total net inflow has reached $131 million. As of press time, the total net asset value of XRP spot ETFs is $1.01 billion, with an ETF net asset ratio (market value as a proportion of XRP’s total market value) of 1.18%. The total cumulative net inflow has reached $1.23 billion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Targets $48 As Massive Multi-Year Triangle Pattern Signals a Historic Bullish Breakout
XRP has suffered several years of regulatory headwinds, and as a result, analysts have begun to look at the peculiar chart formation that XRP is currently forming and how this could affect XRP price. XRP looks like it has been forming an enormous ascending triangle over the long run, based on
BlockChainReporter46m ago
These Cryptos Are Taking Over Social Media Right Now (XRP Included)
Social media conversations around crypto shifted sharply this week after several unusual events unfolded across major networks. A massive DeFi swap mistake, new institutional ETF products, and fresh corporate developments around Ripple pushed several assets into the center of online
CaptainAltcoin58m ago
XRP Ledger Eyes Two New Amendments, But There's a Twist - U.Today
The XRP Ledger is considering two amendments aimed at enhancing lending and vault features. However, with voting participation low, they may not meet the required threshold for approval, risking a reset of the activation timer. Past bugs highlight the critical nature of such amendments.
UToday1h ago
XRP ETFs Record $1.4 Billion Inflows Despite Market Volatility
Exchange-traded funds (ETFs) tracking the cryptocurrency XRP have attracted approximately $1.4 billion in cumulative inflows since their launch, according to recent data from analysts at Bloomberg Intelligence. The figures suggest sustained investor interest in XRP-based investment products
CryptoBreaking1h ago
Ripple Set to Buy Back $750M in Shares Despite XRP Price Decline
Ripple plans to buy back up to $750 million in shares from investors and employees by the end of next month, insiders have revealed.
The buybacks would value the company at $50 billion, and come six months after a similar plan to buy back $1 billion in shares from employees failed.
Ripple
CryptoNewsFlash2h ago