XRP Spot ETF Continues to Attract Funds, Franklin XRPZ Sees a Net Inflow of $1.12 Million in One Day

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【ChainNews】XRP Spot ETF performed remarkably yesterday. According to market data, on January 16th, Eastern Time, the XRP Spot ETF recorded a single-day net inflow of $1.12 million, with Franklin’s XRPZ product accounting for this entire amount.

Since its launch, Franklin XRPZ has continued to perform strongly, with a total net inflow of $288 million. Looking at the entire XRP Spot ETF market, the total assets under management have reached a net asset value of $1.52 billion. Notably, the historical cumulative net inflow of XRP Spot ETFs has exceeded $1.28 billion, indicating that investor demand for such products is steadily growing. The XRP net asset ratio currently remains at 1.20%.

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Liquidated_Larryvip
· 01-20 01:38
Signals of institutional bottom-fishing, what are we retail investors hesitating for? --- Franklin's move is a bit aggressive, 288 million just came in like that. --- With a scale of 1.52 billion, damn, this is true institutional recognition. --- Chasing the high again, feels like this rally isn't over. --- Net inflow has broken 1.28 billion. Is it still too late to get in, brother? --- Every day so much new blood is coming in, can XRP still fall? --- I don't know why, but I always feel this data is a bit fake. Let's wait and see. --- XRPZ's dominance is a bit scary, is this establishing a monopoly? --- Looking at the inflow speed, it seems institutions are waiting for a certain moment. --- It's a retail game, but real money is indeed pouring in.
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GasFeeCriervip
· 01-19 23:56
Franklin is hoarding this wave, with XRPZ capturing all the inflows of a product. The momentum of the XRP spot ETF is quite strong, with a scale of 1.52 billion indicating that everyone is increasing their positions. Since its launch, XRPZ has directly attracted 288 million in funds. Who would have thought? Wait, 1.28 billion in net inflows so far? How long will it take to accumulate this... Are institutions quietly building positions in XRP? The atmosphere feels a bit different.
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rekt_but_not_brokevip
· 01-19 15:25
Franklin's approach, having a product absorb the entire inflow, is quite impressive. --- ETF has attracted 1.28 billion in funds, but why does it feel like the market hasn't picked up yet... --- 1.20% net asset ratio, this number looks a bit suspicious no matter how you look at it. --- Ah, it's Franklin again. This guy's bets on XRP are really aggressive. --- Grayscale's XBT lesson isn't learned yet, and now they're launching a spot ETF... --- A total scale of 1.52 billion, not too big, not too small, so why is it so quiet? --- 112,000 daily net inflow isn't really that much, feels a bit exaggerated. --- Franklin XRPZ has accumulated 288 million at this speed, definitely milking the institutional investors.
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ReverseFOMOguyvip
· 01-17 03:10
Franklin's move this time is indeed impressive, pulling in 1.12 million in a day... way more aggressive than I thought.
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MoneyBurnervip
· 01-17 03:10
$1.12 million? XRPZ, that damn thing is bleeding me again, I need to top up my position.
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ruggedNotShruggedvip
· 01-17 03:06
Franklin is really draining this time, with XRPZ absorbing all the inflow. Other ETFs really should reflect on this.
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MetamaskMechanicvip
· 01-17 02:51
Franklin really put in effort here, XRPZ's ability to attract funds is quite strong --- 1.28 billion net inflow, how many people are quietly accumulating XRP --- Wait, what does a 1.20% net asset ratio mean... feels a bit low? --- After the spot ETF was launched, institutions really started to buy the dip --- XRPZ a product that absorbed 1.12 million? How do others survive, haha --- A scale of 1.52 billion isn't particularly large, is there a ceiling? --- This data looks good, but can it really be sustained... --- Last year at this time, no one cared about XRP, now it's the opposite --- Steady growth in institutional allocation demand sounds very comfortable --- Franklin timed this move well, hit the right spot
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GraphGuruvip
· 01-17 02:50
Franklin's move is not surprising at all; XRPZ's recent performance is indeed impressive. XRP spot ETF just broke 1.5 billion, still a small player compared to BTC at that level. A daily inflow of 1.12 million, is that considered a lot... feels like there's not much buzz. By the way, can XRP have another wave this time? 2024 doesn't seem to have much momentum. Hmm, net asset ratio of 1.20%... this data looks a bit strange.
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