U.S.XRP spot ETF total net inflow for the day 8431600 USD
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AT A GLANCE
According to SoSoValue data cited by PANews,October 29 U.S.XRP spot ETF total net inflow for the day was 8431600 USD。
Article
U.S.XRP spot ETF total net inflow for the day 8431600 USD
PANews October 30 news. Source: According to SoSoValue data, yesterday (U.S. Eastern Time October 29）XRP spot ETF total net inflow for the day 8431600 USD. The XRP spot ETF with the largest net inflow yesterday was Franklin XRP ETF(XRPZ), with a net inflow for the day of 5567900 USD, bringing its cumulative historical net inflow to 524000000 USD. Next was Bitwise XRP ETF(XRP), with a net inflow for the day of 2863600 USD, bringing its cumulative historical net inflow to 682000000 USD. As of press time, the XRP spot ETF had total net assets of 1465000000 USD，XRP net asset ratio 0.00%, with cumulative historical net inflows reaching 1809000000 USD...
Key points
01
PANews reported that, according to SoSoValue data, as of U.S. Eastern Time October 29 XRP spot ETF total net inflow for the day was 8431600 USD。
02
Franklin XRP ETF（XRPZ) net inflow for the day was 5567900 USD, with cumulative historical net inflow reaching 524000000 USD。
03
Bitwise XRP ETF（XRP) net inflow for the day was 2863600 USD, with cumulative historical net inflow reaching 682000000 USD。
04
As of press time, the XRP spot ETF total net assets were 1465000000 USD，XRP net asset ratio was 0.00%。
05
As of press time, the XRP spot ETF cumulative historical net inflow reached 1809000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Net inflow means that, under the statistical scope described in the report, more funds flowed into these ETF than flowed out. On that day, Franklin XRP ETF had a higher net inflow than Bitwise XRP ETF。
Why it matters to readers
These figures can be used to observe the fund flows of XRP spot ETF and the inflows into different products, but the original text does not provide the actual impact on XRP prices.
Beginners may understand daily net inflow as an indicator of the direction of funds on that day, but should not judge subsequent market trends based solely on 1 days of data.
Risks and unknowns
The material is only an excerpt containing a “Read the full article” link and may omit complete statistical explanations.
The material does not provide the original SoSoValue data page, so it cannot be independently verified based on the available evidence.
The combined daily net inflows of the two listed ETF were 8431500 USD, differing from the reported total of 8431600 USD by 100 USD; the reason was not explained.
The original text does not explain XRP the specific calculation methodology for the net asset ratio of 0.00%.
The original text does not explain whether these fund flow data will continue, nor does it provide XRP price or trading volume performance.
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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。
