According to CoinShares’ latest weekly report, last week saw the largest scale of capital withdrawal from digital asset investment products since March, with a total outflow amounting to $1.43 billion. However, in a market led by the fall of Bitcoin and Ethereum, Ripple (XRP) attracted a capital inflow of $25 million, becoming one of the few mainstream encryption assets to receive net capital support. Analysts believe that the SEC’s conclusion of the lawsuit against Ripple has boosted confidence in XRP.
XRP Becomes a Highlight for Capital Inflows
Inflow amount: 25 million USD
Driving factors: The SEC officially closed the Ripple case, and the market’s expectations for regulatory risks regarding XRP have decreased.
Compared to other assets:
Solana (SOL): + 12 million USD
Cronos (CRO): + 4.4 million USD
Sui (SUI): - 12.9 million USD
Toncoin (TON): - 1.5 million USD
Overall Market: Capital Withdrawal
Total outflow: 1.43 billion USD (the third largest weekly capital outflow this year)
Trading volume: ETP transaction amount reached 38 billion USD, nearly 50% higher than the annual average.
Main withdrawal target:
Bitcoin (BTC): - 1 billion USD
Ethereum (ETH): - 440 million USD (but still a net inflow of 2.5 billion USD from August to now)
Regional Capital Flow
Main outflow region:
U.S. funds (such as BlackRock iShares): - 1.3 billion USD
Sweden: - 135.5 million USD
Switzerland: - 11.8 million USD
Main inflow region:
Germany: + 18.4 million USD
Canada: + 3.7 million USD
Hong Kong: + 3.5 million USD
Conclusion
Although the digital asset market as a whole came under pressure last week, XRP attracted capital逆勢吸金 due to favorable regulatory news and investor confidence, becoming the focal point of capital inflows. Moving forward, with the progress of ETF approvals and changes in macro policies, whether XRP can continue this momentum of capital will be the key focus of the market.
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XRP defies the trend, attracting $25 million! CoinShares: Digital asset funds withdrew $1.43 billion in a single week.
According to CoinShares’ latest weekly report, last week saw the largest scale of capital withdrawal from digital asset investment products since March, with a total outflow amounting to $1.43 billion. However, in a market led by the fall of Bitcoin and Ethereum, Ripple (XRP) attracted a capital inflow of $25 million, becoming one of the few mainstream encryption assets to receive net capital support. Analysts believe that the SEC’s conclusion of the lawsuit against Ripple has boosted confidence in XRP.
XRP Becomes a Highlight for Capital Inflows
Inflow amount: 25 million USD
Driving factors: The SEC officially closed the Ripple case, and the market’s expectations for regulatory risks regarding XRP have decreased.
Compared to other assets:
Solana (SOL): + 12 million USD
Cronos (CRO): + 4.4 million USD
Sui (SUI): - 12.9 million USD
Toncoin (TON): - 1.5 million USD
Overall Market: Capital Withdrawal
Total outflow: 1.43 billion USD (the third largest weekly capital outflow this year)
Trading volume: ETP transaction amount reached 38 billion USD, nearly 50% higher than the annual average.
Main withdrawal target:
Bitcoin (BTC): - 1 billion USD
Ethereum (ETH): - 440 million USD (but still a net inflow of 2.5 billion USD from August to now)
Regional Capital Flow
Main outflow region:
U.S. funds (such as BlackRock iShares): - 1.3 billion USD
Sweden: - 135.5 million USD
Switzerland: - 11.8 million USD
Main inflow region:
Germany: + 18.4 million USD
Canada: + 3.7 million USD
Hong Kong: + 3.5 million USD
Conclusion
Although the digital asset market as a whole came under pressure last week, XRP attracted capital逆勢吸金 due to favorable regulatory news and investor confidence, becoming the focal point of capital inflows. Moving forward, with the progress of ETF approvals and changes in macro policies, whether XRP can continue this momentum of capital will be the key focus of the market.