XRP spot exchange-traded funds saw $7.18 million in net outflows during the July 6 to July 10 trading week, according to SoSoValue data cited by Odaily. The biggest weekly outflow came from Bitwise ETF XRP, which lost $7.2918 million over the period. SoSoValue said the product’s historical cumulative net inflow stands at $494 million.
The week’s largest net inflow was recorded by 21Shares ETF TOXR, which added $107,400. Despite that weekly gain, TOXR’s historical cumulative net outflow remains $20.06 million. As of publication, the total net asset value of XRP spot ETFs stood at $997 million.
The ETF net asset ratio, measured as the share of XRP’s total market capitalization, was 1.45%. Historical cumulative net inflows across XRP spot ETFs reached $1.48 billion, the data showed.
XRP spot ETFs saw weekly net outflows
XRP spot ETFs recorded net outflows of $7.18 million during the July 6 to July 10 trading week in U.S. Eastern Time, according to SoSoValue data cited by Odaily.
Bitwise led outflows while 21Shares posted the largest inflow
The largest weekly outflow came from Bitwise ETF XRP, which posted net outflows of $7.2918 million. Its historical cumulative net inflow stands at $494 million.
The largest weekly net inflow came from 21Shares ETF TOXR, which added $107,400 during the week. TOXR’s historical cumulative net outflow stands at $20.06 million.
Total net assets reached $997 million
As of publication, the total net asset value of XRP spot ETFs was $997 million. The ETF net asset ratio, measured as XRP ETF market value as a share of XRP’s total market capitalization, was 1.45%. Historical cumulative net inflows had reached $1.48 billion.
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