【ChainNews】XRP Spot ETF performed remarkably yesterday. According to market data, on January 16th, Eastern Time, the XRP Spot ETF recorded a single-day net inflow of $1.12 million, with Franklin’s XRPZ product accounting for this entire amount.
Since its launch, Franklin XRPZ has continued to perform strongly, with a total net inflow of $288 million. Looking at the entire XRP Spot ETF market, the total assets under management have reached a net asset value of $1.52 billion. Notably, the historical cumulative net inflow of XRP Spot ETFs has exceeded $1.28 billion, indicating that investor demand for such products is steadily growing. The XRP net asset ratio currently remains at 1.20%.
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ReverseFOMOguy
· 16h ago
Franklin's move this time is indeed impressive, pulling in 1.12 million in a day... way more aggressive than I thought.
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MoneyBurner
· 16h ago
$1.12 million? XRPZ, that damn thing is bleeding me again, I need to top up my position.
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ruggedNotShrugged
· 16h ago
Franklin is really draining this time, with XRPZ absorbing all the inflow. Other ETFs really should reflect on this.
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MetamaskMechanic
· 16h ago
Franklin really put in effort here, XRPZ's ability to attract funds is quite strong
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1.28 billion net inflow, how many people are quietly accumulating XRP
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Wait, what does a 1.20% net asset ratio mean... feels a bit low?
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After the spot ETF was launched, institutions really started to buy the dip
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XRPZ a product that absorbed 1.12 million? How do others survive, haha
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A scale of 1.52 billion isn't particularly large, is there a ceiling?
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This data looks good, but can it really be sustained...
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Last year at this time, no one cared about XRP, now it's the opposite
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Steady growth in institutional allocation demand sounds very comfortable
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Franklin timed this move well, hit the right spot
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GraphGuru
· 16h ago
Franklin's move is not surprising at all; XRPZ's recent performance is indeed impressive.
XRP spot ETF just broke 1.5 billion, still a small player compared to BTC at that level.
A daily inflow of 1.12 million, is that considered a lot... feels like there's not much buzz.
By the way, can XRP have another wave this time? 2024 doesn't seem to have much momentum.
Hmm, net asset ratio of 1.20%... this data looks a bit strange.
XRP Spot ETF Continues to Attract Funds, Franklin XRPZ Sees a Net Inflow of $1.12 Million in One Day
【ChainNews】XRP Spot ETF performed remarkably yesterday. According to market data, on January 16th, Eastern Time, the XRP Spot ETF recorded a single-day net inflow of $1.12 million, with Franklin’s XRPZ product accounting for this entire amount.
Since its launch, Franklin XRPZ has continued to perform strongly, with a total net inflow of $288 million. Looking at the entire XRP Spot ETF market, the total assets under management have reached a net asset value of $1.52 billion. Notably, the historical cumulative net inflow of XRP Spot ETFs has exceeded $1.28 billion, indicating that investor demand for such products is steadily growing. The XRP net asset ratio currently remains at 1.20%.