spot $XRP etfs have taken in about $121 million so far in september, with the month still open, and the complex is on a five-session inflow streak after last week alone added $75.6 million. assets sit near $1.68-1.77 billion while lifetime creations are around $1.79 billion, so the $1.7 billion headline is the book, not a single-week print.
bitwise still leads the category, with franklin and canary taking most of the rest. monday's $3.96 million all went through canary's xrpc, which means the streak is real and the bid is concentrated. these are creations and redemptions, not ripple selling xrp from its own stack, and they add or pull spot demand the next session.
price has not paid the flow in full. $XRP is still hanging around $1.48-$1.55 while the funds keep taking size, the same split bitcoin showed when etfs bid and spot faded from $87k. september is not closed, so one red day can cut the $121 million bar, but it will not erase the year-to-date book.
watch whether the streak holds through month-end and whether anyone besides bitwise starts taking real size. more days of green flow with a flat token is accumulation into wrappers. a break of the streak with price still stuck is just a quiet bid, not a breakout.
#BTC Price Analysis# #Bitcoin Price Prediction: What $BTC is Bitcoins next move?# #Macro Insights#
XRP 0.20%
BTC
0.52%
Bullish
bitwise still leads the category, with franklin and canary taking most of the rest. monday's $3.96 million all went through canary's xrpc, which means the streak is real and the bid is concentrated. these are creations and redemptions, not ripple selling xrp from its own stack, and they add or pull spot demand the next session.
price has not paid the flow in full. $XRP is still hanging around $1.48-$1.55 while the funds keep taking size, the same split bitcoin showed when etfs bid and spot faded from $87k. september is not closed, so one red day can cut the $121 million bar, but it will not erase the year-to-date book.
watch whether the streak holds through month-end and whether anyone besides bitwise starts taking real size. more days of green flow with a flat token is accumulation into wrappers. a break of the streak with price still stuck is just a quiet bid, not a breakout.
#BTC Price Analysis# #Bitcoin Price Prediction: What $BTC is Bitcoins next move?# #Macro Insights#
XRP 0.20%
BTC
0.52%
Bullish
