Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
XRP Spot ETF Capital Flow New Trends: Over $38 Million Net Inflow Last Week
According to the latest statistics from SoSoValue, during the trading week from January 5 to 9 Eastern Time, the XRP spot ETF market experienced a total net inflow of $38.07 million, reflecting the continued growth in investor demand for XRP assets.
**Highlights on Inflows: Two Products Stand Out**
Among many XRP spot ETF products, the Bitwise XRP ETF led with a weekly net inflow of $27.10 million, bringing its total net inflow to over $292 million. Following closely is the Franklin XRP ETF XRPZ, which attracted $24.47 million in weekly inflows, with a total net inflow reaching $277 million. Together, these two products accounted for over $51 million in weekly net inflows, making them the main capital absorbers in this market.
**Risks on Outflows: 21Shares XRP ETF Under Pressure**
Contrasting with the attractiveness of the aforementioned products, the 21Shares XRP ETF TOXR experienced a net outflow of $39.83 million last week. Its total net outflow has now reached $7.77 million, indicating market segmentation amid product diversification.
**Overall Market Size Expanding Significantly**
As of press time, the total net asset value of the XRP spot ETF market has reached $1.47 billion, accounting for 1.16% of Bitcoin’s total market cap. More notably, the market’s total cumulative net inflow has surpassed $1.22 billion, demonstrating that XRP spot ETFs as compliant investment channels are gradually becoming more attractive.