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XRP Spot ETF Sees $16.6 Million in Net Outflows…Second Straight Session

Source
Uk Jin

Summary

  • According to Sosovalue on the 6th, XRP spot exchange-traded funds (ETFs) recorded total net outflows of $16.6 million.
  • XRP spot ETFs also posted net outflows of $6.2 million the previous day, extending a second consecutive session of fund withdrawals.
  • By product, net outflows were tallied at $10.6 million for 21Shares TOXR, $3.7 million for Bitwise XRP, and $2.4 million for Grayscale GXRP.

Forecast Trend Report by Period

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Net outflows were recorded from spot exchange-traded funds (ETFs) tied to XRP.

According to Sosovalue on the 6th (local time), XRP spot ETFs posted total net outflows of $16.6 million on the day. The products had logged net outflows of $6.2 million the previous day.

By product, 21Shares TOXR saw $10.6 million leave the fund, followed by Bitwise XRP (-$3.7 million) and Grayscale GXRP (-$2.4 million), among others.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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