XRP spot ETF saw a net inflow of $38 million last week, with Bitwise and Franklin leading, while 21Shares products experienced significant redemptions.

robot
Abstract generation in progress

【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.

XRP-0,62%
BTC0,61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
GasFeeCriervip
· 9h ago
Bitwise really took the lion's share this time, everyone else has to step aside. People are starting to pick and choose; not all XRP ETFs can benefit. Is 21Shares creating a reverse indicator? The massive retreat has directly broken 40 million. The competition for XRP ETF... is more intense than other crypto projects, haha. Inflow and outflow of funds indicate that big investors are aware of the situation and are screening products.
View OriginalReply0
CountdownToBrokevip
· 15h ago
Bitwise is so impressive, with over $27 million coming in a week. This must be the head effect. 21Shares really, with nearly $40 million in net outflows. The difference is just too big. Franklin is pretty good, although not as aggressive as Bitwise, but it seems to be more stable. Funds are indeed concentrating in the top players, retail investors are following the leaders.
View OriginalReply0
WagmiAnonvip
· 18h ago
Bitwise is really awesome this time, with monster-level fundraising ability... What’s going on with 21shares? Were they directly pushed out?
View OriginalReply0
AirdropSweaterFanvip
· 18h ago
Bitwise this wave is really amazing, their ability to attract funds is monster-level. What's going on with 21shares? They were directly knocked out? Franklin can still keep up, that's interesting.
View OriginalReply0
airdrop_huntressvip
· 18h ago
Bitwise and Franklin are eating meat, 21Shares got directly cut? The difference is just too obvious...
View OriginalReply0
POAPlectionistvip
· 18h ago
Bitwise is truly amazing. Just by looking at this influx data, you can tell who won... Why is 21Shares so disappointing?
View OriginalReply0
GasOptimizervip
· 19h ago
Bitwise and Franklin are really aggressive, and this wave of net outflows of 40 million from 21Shares is really a bit tragic. Capital is concentrating at the top, are fee rate differences playing a role? Need to analyze the data to see if there is still an arbitrage opportunity.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)