XRP ETFs pull in 170 million dollar over eleven days. Goldman tops institutional holders
U.S. spot XRP exchange-traded funds have taken in fresh money for eleven straight trading session, extending a run that has added about 170 million dollars even as XRP has given back part of its late-August rally.
The funds pulled in another 14.38 million dollar on Tuesday, taking cumulative net inflows since their launch last November to about 1.68 billion dollar, according to SoSoValue data. Franklin Templeton's XRP fund led Tuesday with $6.63 million, followed by Grayscale with $4.72 million.
The streak began on Aug. 18 and has continued through a volatile stretch for XRP. The token traded around 1.33 dollar early Wednesday, down from roughly 1.45 dollar on Aug. 27 but still well above the 1dollar area it traded around in mid-August.
Still, that is small next to bitcoin. U.S. spot bitcoin funds took in $2.26 billion over six sessions in late August alone, more than XRP's ETFs have gathered since they started trading.
$XRP #Xrp🔥🔥 #Binance
U.S. spot XRP exchange-traded funds have taken in fresh money for eleven straight trading session, extending a run that has added about 170 million dollars even as XRP has given back part of its late-August rally.
The funds pulled in another 14.38 million dollar on Tuesday, taking cumulative net inflows since their launch last November to about 1.68 billion dollar, according to SoSoValue data. Franklin Templeton's XRP fund led Tuesday with $6.63 million, followed by Grayscale with $4.72 million.
The streak began on Aug. 18 and has continued through a volatile stretch for XRP. The token traded around 1.33 dollar early Wednesday, down from roughly 1.45 dollar on Aug. 27 but still well above the 1dollar area it traded around in mid-August.
Still, that is small next to bitcoin. U.S. spot bitcoin funds took in $2.26 billion over six sessions in late August alone, more than XRP's ETFs have gathered since they started trading.
$XRP #Xrp🔥🔥 #Binance
