XRP (Ripple payments token) ETFs See $3.26M Daily Net Inflow — Feb. 10 Update
On Feb. 11, XRP spot ETFs saw no daily fund movement, maintaining nearly $1 billion in assets, according to SoSoValue market data.
XRP
Summary
On February 11 (EST), XRP spot exchange-traded funds recorded zero net inflow or outflow, based on SoSoValue data. Total assets under management stood at $993 million, with a net asset ratio of 1.18%. Historical cumulative net inflows remained at $1.231 billion, unchanged from the previous day.
Terms & Concepts
- Net inflow: New capital entering funds after subtracting investor redemptions.
- XRP: The native token of the Ripple payments network used for transfers.
- ETF: An exchange-traded fund that tracks an asset and trades like a stock.