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Bitwise XRP ETF launched, with a total net inflow of $118 million for the US XRP Spot ETF in a single day.
According to Mars Finance news, the Bitwise XRP ETF (code XRP) has been officially listed on the NYSE after receiving SEC approval. According to SoSoValue data, the total net inflow for the XRP Spot ETF is $118 million. Among them, the Bitwise XRP ETF had a net inflow of $105 million on its first day of listing, with a trading volume of $26.41 million and a total net asset value of $108 million. The Canary XRPC ETF saw a net inflow of $12.8 million in a single day, with a historical total net inflow of $305 million. As of the time of publication, the total net asset value of the XRP Spot ETF is $385 million, with an XRP net asset ratio of 0.32%, and the historical cumulative net inflow has reached $411 million. The Bitwise XRP ETF supports cash or physical redemption, with a management fee rate of 0.34%.