[Chain News] XRP Spot ETF has shown continuous improvement recently. According to the latest data, on December 23rd, the net inflow of XRP Spot ETF reached 8.19 million USD, with Franklin's XRPZ product accounting for this inflow.
What is even more noteworthy is that since its launch, the historical total net inflow of this product has accumulated to $219 million, indicating that the recognition of institutional and individual investors for the XRP Spot ETF is continuously increasing.
From the perspective of the entire XRP Spot ETF market scale, as of now, the total net asset value has reached $1.25 billion. Behind this figure is another important indicator - the net asset ratio of XRP is 0.98%, indicating proper liquidity management. Historically, the cumulative net inflow of the entire XRP Spot ETF market has exceeded $1.13 billion, reflecting the ongoing interest of traditional financial institutions in mainstream crypto assets like XRP.
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MysteryBoxOpener
· 5h ago
Franklin's move this time is really aggressive, absorbing so much inflow in one day... The institutions have really started to jump in.
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BearMarketSurvivor
· 12-24 05:19
Franklin played this hand really well, a product absorbing the entire day's net inflow, they must really be optimistic about XRP...
Institutions are starting to take it seriously, although 1.25 billion isn't a big deal, the growth rate is impressive. Wait, this liquidity ratio is only 0.98%, could it be that everything has been locked up ahead?
Where XRP can reach this time depends on the survivability of this ETF.
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FreeRider
· 12-24 04:39
Franklin's operation this time is quite ruthless, monopolizing over 8 million in inflows... Is this telling us that XRP is really taking off?
Institutions are starting to make big moves, with a cumulative net inflow of 219 million indicating that something significant is happening.
1.25 billion in market capitalization... sounds good, but it's still far from the Bitcoin ETF.
Liquidity at 0.98% is managed well, at least there's no fear of dumping.
XRP has never been so popular; TradFi is taking it seriously now.
At this pace, will there be any surprises by the end of the year?
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MetaverseLandlady
· 12-24 04:39
Franklin is indeed fierce this time, independently taking in 8.19 million, and XRPZ is really playing people for suckers.
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CryptoGoldmine
· 12-24 04:25
This data curve is quite interesting. The cumulative net inflow of 219 million indicates that institutions are indeed buying low. However, from the perspective of the computing power yield ratio, it is still not the time to go all in; we need to observe whether this ratio of 0.98% can be stabilized.
XRP Spot ETF daily net inflow of $8.19 million, Franklin products lead the way.
[Chain News] XRP Spot ETF has shown continuous improvement recently. According to the latest data, on December 23rd, the net inflow of XRP Spot ETF reached 8.19 million USD, with Franklin's XRPZ product accounting for this inflow.
What is even more noteworthy is that since its launch, the historical total net inflow of this product has accumulated to $219 million, indicating that the recognition of institutional and individual investors for the XRP Spot ETF is continuously increasing.
From the perspective of the entire XRP Spot ETF market scale, as of now, the total net asset value has reached $1.25 billion. Behind this figure is another important indicator - the net asset ratio of XRP is 0.98%, indicating proper liquidity management. Historically, the cumulative net inflow of the entire XRP Spot ETF market has exceeded $1.13 billion, reflecting the ongoing interest of traditional financial institutions in mainstream crypto assets like XRP.