- XRP ETF funds contribute to increasing inflows amid declines in BTC and ETH.



XRP ETF funds continued their inflows for the nineteenth consecutive day, with deposits totaling approximately $16 million on Thursday. According to data from SoSoValue, the total volume of inflows currently stands at $971 million, quickly approaching the $1 billion mark. The net asset value of XRP ETF funds is $930 million.

XRP ETF Fund Statistics | Source: SoSoValue

Unlike XRP, Bitcoin ETF funds resumed withdrawals on Thursday, with around $77 million being pulled out. The worst performer was the Fidelity FBTC fund, which experienced a withdrawal of $104 million, followed by the VanEck HOLD fund with a $19 million outflow. The BlackRock IBIT fund and the Bitwise BITB fund recorded net inflows of $77 million and $8 million, respectively. The total volume of net inflows amounts to $57.85 billion, while the net asset value approaches $120 billion.

Bitcoin ETF Funds Statistics | Source: SoSoValue

US-listed Ethereum spot ETFs recorded approximately $42 million in outflows on Thursday, ending three consecutive days of inflows. The only product that gained was the 21Shares TETH fund, with $2 million in net inflows. The Grayscale ETHA fund experienced the largest outflows, totaling $31 million. Total inflows amounted to $13.11 billion, while net assets reached $20.31 billion.

Ethereum ETF Funds Statistics | Source: SoSoValue
XRP-1.52%
BTC-0.75%
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DragonFlyOfficialvip
· 12-13 01:13
Good post
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Before00zerovip
· 12-12 14:34
Ethereum price remains above $3200, supported by bullish momentum indicators. XRP price is still above $2.00 as the total cumulative inflows of ETFs continue to advance towards the $1 billion target.
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