🪙 XRP ETFs continue to attract money
American spot XRP ETFs have logged 11 consecutive trading sessions with net inflows. Over this period, the funds pulled in about $170 million, and the total inflow since launch has already reached $1.68 billion.
Interestingly, among the largest institutional holders of XRP ETFs are #Goldman Sachs ($87.4 million), #Jane Street ($16.6 million), and $Millennium ($16.2 million).
But there’s a catch: such positions don’t necessarily mean the companies simply “bought XRP and are waiting for it to rise.” Some could be related to market-making, arbitrage, or hedging.
📌 Demand for XRP through traditional financial instruments continues to grow.
$XRP
American spot XRP ETFs have logged 11 consecutive trading sessions with net inflows. Over this period, the funds pulled in about $170 million, and the total inflow since launch has already reached $1.68 billion.
Interestingly, among the largest institutional holders of XRP ETFs are #Goldman Sachs ($87.4 million), #Jane Street ($16.6 million), and $Millennium ($16.2 million).
But there’s a catch: such positions don’t necessarily mean the companies simply “bought XRP and are waiting for it to rise.” Some could be related to market-making, arbitrage, or hedging.
📌 Demand for XRP through traditional financial instruments continues to grow.
$XRP
