$XRP
Spot ETFs See Significant Inflows Amid Market Activity
AI Summary
According to ChainCatcher, data from SoSoValue indicates that XRP spot ETFs experienced a net inflow of $56.83 million during the trading week from January 12 to January 16, Eastern Time. The Grayscale XRP ETF GXRP led the inflows with $23.75 million, bringing its historical total net inflow to $287 million. Following closely was the Bitwise XRP ETF XRP, which saw a weekly net inflow of $18.39 million, contributing to a historical total net inflow of $310 million.
As of the time of reporting, the total net asset value of XRP spot ETFs stands at $1.52 billion, with an ETF net asset ratio of 1.20% compared to Bitcoin's total market capitalization. The cumulative historical net inflow for XRP spot ETFs has reached $1.28 billion.#MarketRebound #StrategyBTCPurchase #BinanceHODLerBREV #WriteToEarnUpgrade