PANews, March 17: According to SoSoValue data, on yesterday (March 16, Eastern Time), the total net outflow for XRP spot ETFs amounted to $5.9786 million. Yesterday, only the 21Shares XRP ETF (TOXR) experienced a net outflow of $5.9786 million, bringing its cumulative net inflow to -$23.868 million. As of the time of reporting, the total net asset value of XRP spot ETFs stands at $1.071 billion, with XRP accounting for 1.14% of total ETF assets, and cumulative net inflows reaching $1.202 billion to date.
XRP Spot ETF Records $5.98 Million Net Outflow in a Single Day
PANewsShare
Summary
ETF news: As of March 16 (ET), the XRP spot ETF recorded a net outflow of $5.98 million in a single day, according to SoSoValue data. The entire outflow originated from the 21Shares XRP ETF (TOXR). The fund now holds $107.1 million in net assets, with an XRP net asset ratio of 1.14% and cumulative net inflows of $1.2 billion. Bitcoin ETF news continue to attract significant market attention.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.