XRP Spot ETFs See Strong Inflows as Bitcoin ETFs Struggle with Outflows
XRP spot ETFs posted $4.83 million in daily inflows on February 4, with assets under management reaching $1.07 billion amid continued investor rotation from Bitcoin ETFs.
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XRP
Summary
On February 4, XRP spot ETFs registered $4.83 million in net inflows. Franklin XRP ETF led with $2.51 million, followed by Bitwise XRP ETF at $1.72 million. Total XRP spot ETF assets under management reached $1.07 billion, with cumulative net inflows of $1.21 billion. These figures underscore sustained investor interest in XRP despite recent volatility and ongoing outflows from Bitcoin ETFs.
Terms & Concepts
- Spot ETF: An exchange-traded fund that directly holds the underlying asset for price exposure.
- Net Flow: The sum of capital flowing into and out of a fund during a specific period, indicating investor sentiment.