【Crypto World】XRP spot ETF market showed significant divergence yesterday. Overall, XRP spot ETFs experienced a total net outflow of $53.32 million yesterday, with Grayscale’s GXRP recording a single-day net outflow of $55.39 million. However, Franklin’s XRPZ performed relatively well, with a single-day net inflow of $2.07 million.
In terms of cumulative performance, GXRP’s total net inflow has reached $232 million, while XRPZ has accumulated $290 million in net inflows. The institutional recognition for both products is steadily increasing. As of now, the total net asset value of XRP spot ETFs is $1.34 billion, with a historical cumulative net inflow of $1.22 billion, indicating that these products are gaining a foothold in institutional allocations. The net asset ratio of XRP remains at 1.16%, and there is still room for market capacity expansion.
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BottomMisser
· 2h ago
Is Grayscale starting to dump again? Franklin is still quietly accumulating, this is getting interesting.
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GasFeeNightmare
· 22h ago
Grayscale is bleeding again, while Franklin is sucking blood. This is the reality of the market.
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GateUser-bd883c58
· 22h ago
Grayscale is bleeding again, this time directly losing over 55 million? And Franklin's XRPZ is sitting steadily at the fishing platform, really interesting.
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GovernancePretender
· 23h ago
Grayscale is dumping again, Franklin's side has stabilized. With such a clear divergence, why not buy the dip?
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ForeverBuyingDips
· 23h ago
Grayscale is dumping again, and this time it's pretty aggressive. Why is XRPZ still holding steady?
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Institutions are still entering, which means there’s still hope. Let’s wait and see.
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I just want to know if Grayscale is trying to run or building positions. The plot is so reversed.
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Despite such large net outflows, it can still hold up at 1.34 billion. They still have confidence.
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XRPZ is truly bloodsucking; if this speed continues, it will surpass Grayscale in no time.
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So should I buy now or wait? These data are a bit face-slapping.
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I heard institutional confidence is rising, so I’ll keep copying. Haha.
XRP Spot ETF Flows Diverge: Grayscale Net Outflow Exceeds $55 Million in a Single Day
【Crypto World】XRP spot ETF market showed significant divergence yesterday. Overall, XRP spot ETFs experienced a total net outflow of $53.32 million yesterday, with Grayscale’s GXRP recording a single-day net outflow of $55.39 million. However, Franklin’s XRPZ performed relatively well, with a single-day net inflow of $2.07 million.
In terms of cumulative performance, GXRP’s total net inflow has reached $232 million, while XRPZ has accumulated $290 million in net inflows. The institutional recognition for both products is steadily increasing. As of now, the total net asset value of XRP spot ETFs is $1.34 billion, with a historical cumulative net inflow of $1.22 billion, indicating that these products are gaining a foothold in institutional allocations. The net asset ratio of XRP remains at 1.16%, and there is still room for market capacity expansion.