U.S. XRP spot ETF sees a single-day net outflow of 10421600 USD
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AT A GLANCE
PANews, citing SoSoValue, reported that on November 9, U.S. XRP spot ETFs saw a combined net outflow of 10421600 USD.
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US XRP Spot ETFs Recorded a Total Net Outflow of 10421600 USD in a Single Day
PANews November 10 news, according to SoSoValue data, yesterday (Eastern Time November 9) XRP spot ETFs recorded a total net outflow of 10421600 USD in a single day. The XRP spot ETF with the largest net outflow yesterday was Bitwise XRP ETF(XRP), with a single-day net outflow of 9397200 USD, and its current historical total net inflow reached 672000000 USD. Next was Canary XRP ETF(XRPC), with a single-day net outflow of 811400 USD, and its current historical total net inflow reached 484000000 USD. As of press time, the total net asset value of XRP spot ETFs was 1238000000 USD, the XRP net asset ratio was 1.78%, and the cumulative historical net inflow has reached 1798000000 USD.
PANews reported that, according to SoSoValue data, on November 9 the U.S. XRP spot ETF had a total single-day net outflow of 10421600 USD.
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Bitwise XRP ETF (XRP) saw a single-day net outflow of 9397200 USD, with a historical total net inflow of 672000000 USD.
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Canary XRP ETF (XRPC) saw a single-day net outflow of 811400 USD, with a historical total net inflow of 484000000 USD.
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As of press time, the net asset value of XRP spot ETFs is 1238000000 USD, and the XRP net asset ratio is 1.78%.
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As of press time, the historical cumulative net inflow for XRP spot ETFs is 1798000000 USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Net outflow means that more funds were withdrawn from these ETFs than flowed in on that day. Although the total for the day was a net outflow, the materials state that the historical cumulative fund flow remains a net inflow.
Why it matters to readers
These data reflect the daily and cumulative fund flows of the XRP spot ETF and can be used to observe changes in the funds of the relevant products.
Novices should distinguish between "single-day net outflow" and "historical cumulative net inflow": a 1-day withdrawal of funds does not mean that the cumulative funds have turned into a net outflow.
Risks and unknowns
The material does not include the original SoSoValue data page, so the relevant figures cannot be independently verified based solely on the existing evidence.
The original text only writes November 9 and November 10, without specifying the year.
The materials did not provide XRP price changes or capital flows on subsequent trading days, so it is impossible to determine whether the market impact will persist.
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Related concepts
Spot ETF
Directly holds the underlying assets, with its fund units corresponding to the actual assets held in custody ETF。
