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XRP Spot ETF rakes in $1 billion, setting a record with 32 consecutive days of net inflow.
[Coin World] The performance of the XRP Spot ETF in recent months has indeed been quite interesting. Since it officially started trading in November last year, products of this kind issued by institutions such as Canary, 21Shares, Grayscale, Bitwise, and Franklin Templeton have been steadily attracting capital.
The data says: As of December 19, the total net assets of this batch of ETFs have reached $1.21 billion, with cumulative inflows exceeding $1.07 billion. What’s even more exaggerated? A continuous net inflow for 32 days, and this record is still ongoing.
Comparing the Spot ETFs of Bitcoin and Ethereum, they often experience capital outflows, while the XRP Spot ETF consistently maintains an upward trend. This sustained buying demand reflects that the market's real demand for XRP as an asset is quite stable. Whether it's institutions or retail investors, it seems that they are all speaking with real money.