U.S. spot XRP ETFs are nearing $2 billion in total assets under management, with Bitwise and Franklin leading inflows on September 23.
The total assets under management (AUM) for US spot XRP ETFs have reached $1.79793 billion, nearing the $2 billion milestone. According to data from SoSoValue and XRP Insights, US spot XRP ETFs saw a net inflow of $18.04 million on September 23, with the Bitwise XRP ETF attracting $11.54 million and the Franklin XRP ETF attracting $6.50 million. These inflows occurred as the price of XRP fell by 5-6%, indicating that institutional investors are using price pullbacks to build long-term positions. Currently, these funds collectively hold 1.141 billion XRP tokens, accounting for 1.1411% of the total XRP supply.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:U.Today · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Google will launch its first AI chip satellite next week via SpaceX, equipped with its self-developed Trillium TPU chip, but it will require a 15-minute shutdown for cooling after each 15-minute operation.
-
2
The Value Basis and Long-Term Investment Potential of Cryptocurrencies: Opportunities and Risks Coexist
-
3
BHG Token Analysis: Multiple Identities of a Homonymous Token and Non-Crypto Entities
-
4
Lookonchain updates: Bitget hack involved $157.48M XRP, $85.75M ETH, $34.75M USDT, and $21.05M USDC among other stolen assets
-
5
Analysis of EOS Project Status: Has the Core Team "Exit Scammed"? What are the Future Development Prospects?
-
6
Understanding Maker and Taker Mechanisms on Cryptocurrency Exchanges
-
7
Federal Reserve Board issues enforcement action against former Sandy Spring Bank employee Renee Nicole Brown for embezzlement
-
8
LTC (Litecoin) surged 12.56% in 4 hours, now trading at $74.630.
-
9
French President Emmanuel Macron announced that France would provide military assistance to Saudi Arabia to protect oil facilities at Yanbu Port in the Red Sea.
-
10
Ethereum Hard Fork: A Guide to Preventing Common Scams and Protecting Your Assets
Markets Today
Recommended Reading







