According to the latest data statistics, the XRP spot ETF market continues to attract funds. Yesterday, within one day of Eastern Time, the total net inflow of these products reached $8.72 million, indicating ongoing investor interest in this asset class.
In terms of data details, Bitwise XRP ETF performed the best, absorbing $4.51 million in a single day, with total net inflows surpassing $292 million since its launch. This product is clearly the main market driver.
Following closely is the Grayscale XRP ETF, which recorded $2.89 million in inflows yesterday, with total net inflows reaching $263 million. The combined contributions of these two leading products account for the majority of the market inflow.
More notably, as of now, the total assets of XRP spot ETFs have expanded to $1.49 billion, with historical net inflows exceeding $1.21 billion. This indicates that XRP's popularity as an asset allocation is continuously rising, and institutional investors' interest is clearly increasing.
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AirdropHunter
· 01-11 04:25
XRP has really taken off this time, institutions are all bottom-fishing, and Bitwise is buying over 4 million in a day, but it's still not enough.
It's only at a scale of 1.49 billion right now. Let's see if it can break 10 billion—that would be impressive.
Grayscale is actually keeping up this time; the fact that both are pushing XRP together is quite interesting.
The signal that institutions are starting to move is already very clear. What are retail investors still waiting and watching for?
With this inflow speed, luckily I didn't miss the XRP train.
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FUD_Vaccinated
· 01-09 05:51
XRP is really taking off this time, are institutions quietly accumulating?
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Bitwise is so capable? Looks like big players are stacking up here.
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1.21 billion net inflow... this scale is indeed something.
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Wait, is this all institutional money or are retail investors following the trend?
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Two leading products monopolize the inflow, what about other ETFs? Are they being ignored?
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Should I buy now or wait? Feels a bit late.
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An asset scale of 14.9 billion sounds impressive, but the real big players haven't come in yet.
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Although Grayscale's amount is smaller, how's the stability?
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Millions of dollars flowing in daily, which indeed shows increasing popularity.
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I just want to know when these institutions will come out? Don’t be the bagholders again.
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MissedAirdropAgain
· 01-09 05:51
Institutions are really quietly accumulating XRP, this pace is quite interesting.
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ser_we_are_early
· 01-09 05:33
Institutions are really piling up XRP... This is the real beginning of the exciting show.
Bitwise's ability to attract funds is incredible; it feels like there are not many opportunities left to share the pie.
Wait, is this inflow data real? Why does it feel a bit too smooth?
Early holders are now waking up laughing, while institutions are arriving late.
Hold on, with so much money coming in, why hasn't the price taken off yet?
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SchrodingerGas
· 01-09 05:25
What are these institutions betting on with XRP? Is it genuine demand or just another round of narrative hype, on-chain evidence included?
According to the latest data statistics, the XRP spot ETF market continues to attract funds. Yesterday, within one day of Eastern Time, the total net inflow of these products reached $8.72 million, indicating ongoing investor interest in this asset class.
In terms of data details, Bitwise XRP ETF performed the best, absorbing $4.51 million in a single day, with total net inflows surpassing $292 million since its launch. This product is clearly the main market driver.
Following closely is the Grayscale XRP ETF, which recorded $2.89 million in inflows yesterday, with total net inflows reaching $263 million. The combined contributions of these two leading products account for the majority of the market inflow.
More notably, as of now, the total assets of XRP spot ETFs have expanded to $1.49 billion, with historical net inflows exceeding $1.21 billion. This indicates that XRP's popularity as an asset allocation is continuously rising, and institutional investors' interest is clearly increasing.