According to data reported by PANews on November 22, the US XRP spot ETF market on November 21 (Eastern Time) showed a strong momentum of capital inflows. The total net inflow on that day reached $11.89 million, indicating high investor interest amid the ongoing ETFization of cryptocurrencies.
Bitwise XRP ETF Leads, Achieving Over $17 Million in Cumulative Inflows
The Bitwise XRP ETF performed particularly well, recording a net inflow of $11.28 million in a single day. The total cumulative net inflow for this ETF has reached $117 million, establishing its position as a mainstream product in the category. Meanwhile, the Canary XRPC ETF also achieved a net inflow of $620,000 on the same day, with total cumulative net inflows amounting to $360 million.
Overall Market, Surpassing $380 Million in Asset Size
According to data provider SoSoValue, as of the time of writing, the total net assets of XRP spot ETFs have reached $384 million. The net asset ratio in the XRP market is 0.33%, with past cumulative net inflows totaling $423 million. The introduction of XRP ETFs in the US is accelerating access for institutional investors to cryptocurrencies, and market trends are attracting close attention.
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US XRP Spot ETF records over $17 million net inflow yesterday
According to data reported by PANews on November 22, the US XRP spot ETF market on November 21 (Eastern Time) showed a strong momentum of capital inflows. The total net inflow on that day reached $11.89 million, indicating high investor interest amid the ongoing ETFization of cryptocurrencies.
Bitwise XRP ETF Leads, Achieving Over $17 Million in Cumulative Inflows
The Bitwise XRP ETF performed particularly well, recording a net inflow of $11.28 million in a single day. The total cumulative net inflow for this ETF has reached $117 million, establishing its position as a mainstream product in the category. Meanwhile, the Canary XRPC ETF also achieved a net inflow of $620,000 on the same day, with total cumulative net inflows amounting to $360 million.
Overall Market, Surpassing $380 Million in Asset Size
According to data provider SoSoValue, as of the time of writing, the total net assets of XRP spot ETFs have reached $384 million. The net asset ratio in the XRP market is 0.33%, with past cumulative net inflows totaling $423 million. The introduction of XRP ETFs in the US is accelerating access for institutional investors to cryptocurrencies, and market trends are attracting close attention.