XRP ETFs See Four Consecutive Days of Positive Flows

Bybit
fiverr


U.S. spot XRP exchange-traded funds (ETFs) have extended their streak of positive momentum. 

Although Aug. 4 ended with flat flows, the broader trend points to steady institutional confidence.

According to the latest market data, U.S. spot XRP ETFs recorded $0 in net inflows on Aug. 4. Funds attracted $1.15 million on Aug. 3, $7.69 million on July 31, $5.98 million on July 30 and $584,710 on July 29.

Betfury

Dogecoin (DOGE), XRP, Hyperliquid (HYPE) and Bitcoin (BTC) Price Analysis For August 5: Market’s Attempt to Regain Relevancy


Former SEC Boss Behind Ripple Lawsuit Sworn In as Intelligence Chief

Taken together, those sessions brought in approximately $15.4 million before inflows paused. The latest flat session therefore extends the streak of trading days without outflows to four.

Despite the absence of new money on Aug. 4, cumulative net inflows across all U.S. spot XRP ETFs remained at a robust $1.51 billion. 

Total net assets stood at approximately $1 billion, equivalent to about 1.49% of XRP’s total market capitalization. 

You Might Also Like

Title news

Total value traded across XRP ETFs came in at $7.49 million, down from $9.99 million on Aug. 3 and below the roughly $10.3 million recorded on July 29. 

Even though the volumes eased, the lack of redemptions indicates that investors largely held their positions rather than exiting the market.

As reported by U.Today, XRP-focused ETFs stood out last week by attracting $15 million in net inflows. In comparison, Bitcoin ETFs saw $0.6 million in net outflows, Solana ETFs lost $17 million, and Ethereum ETFs posted a modest $0.4 million in inflows.

Largest funds continue to dominate

Bitwise’s spot XRP ETF remains the largest fund by assets under management. It is followed by Franklin’s XRPZ with roughly $258 million and Canary’s XRPC with about $250.2 million.

21Shares’ TOXR manages approximately $116.7 million, while Grayscale’s GXRP oversees around $59.4 million. Combined, the five U.S. The recent streak follows a month marked by generally resilient investor demand. Since the start of July, XRP ETFs have experienced only a handful of outflow sessions, the largest being a $7.29 million withdrawal on July 8. Most other trading days either attracted fresh capital or finished with neutral flows.



Source link

Coinmama

Be the first to comment

Leave a Reply

Your email address will not be published.


*