Search results for Bitwise XRP spot ETF
Crypto
Institutional money heads toward XRP spot ETFs as Gerber discloses holdings
U.S. investment adviser Gerber has newly added 12,958 shares of the Franklin XRP spot exchange-traded fund, disclosure filings show. The report comes as other registered investment advisers in the United States also report positions in XRP spot ETFs, including products from Canary, Franklin and ProShares. Data cited in the report show net inflows into XRP spot ETFs on several July dates, while total assets under management are about $683.66 million.
Crypto
XRP spot ETF sees $7.18 million weekly outflow as crypto ETFs rebound
XRP spot exchange-traded funds recorded a net outflow of $7.18 million in the week of July 6 to 10, snapping an inflow run that had lasted about two months. The weekly withdrawal was concentrated in the Bitwise XRP spot ETF, while other XRP-linked funds saw little movement. Over the same period, bitcoin and ether spot ETFs posted net inflows. Total net assets across seven U.S. XRP funds held near $1 billion.
Crypto
Bitwise leads XRP spot ETF inflows with 33 percent share
Bitwise\'s XRP spot exchange-traded fund has become the first XRP spot ETF to surpass $500 million in cumulative net inflows. As of July 7, cumulative net inflows stood at $500.115 million, according to The Crypto Basic. The fund led growth in the XRP spot ETF market in recent weeks and held 33 percent of total market inflows of $1.49 billion. Rival products remained below $500 million in cumulative inflows.
