In the mid-December trading week, XRP spot ETFs are attracting attention. According to the latest data from SoSoValue, in just five days from December 15 to December 19, a total of $82.04 million flowed into XRP spot ETFs, indicating a bullish stance among market participants.
21Shares’ TOXR Leads the Market
The core of the inflow of funds is the XRP ETF “TOXR” offered by 21Shares. This ETF alone has attracted $23.05 million, making it a major driver of overall inflows into XRP spot ETFs. The total accumulated fund inflow for TOXR also reaches $23.05 million, reflecting its growing presence in the market as seen in the numbers.
Market Confidence in XRP
Such fund inflows into XRP spot ETFs are a sign that institutional and individual investors recognize the medium-term value of XRP. Expectations for blockchain technology and Ripple’s international remittance solutions are manifesting in investment behavior.
This market trend suggests that XRP is establishing an important position in the digital asset market. Attention is also focused on future ETF inflow trends.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
XRP Spot ETF absorbs $82.04 million in one week, clearly demonstrating high market interest
In the mid-December trading week, XRP spot ETFs are attracting attention. According to the latest data from SoSoValue, in just five days from December 15 to December 19, a total of $82.04 million flowed into XRP spot ETFs, indicating a bullish stance among market participants.
21Shares’ TOXR Leads the Market
The core of the inflow of funds is the XRP ETF “TOXR” offered by 21Shares. This ETF alone has attracted $23.05 million, making it a major driver of overall inflows into XRP spot ETFs. The total accumulated fund inflow for TOXR also reaches $23.05 million, reflecting its growing presence in the market as seen in the numbers.
Market Confidence in XRP
Such fund inflows into XRP spot ETFs are a sign that institutional and individual investors recognize the medium-term value of XRP. Expectations for blockchain technology and Ripple’s international remittance solutions are manifesting in investment behavior.
This market trend suggests that XRP is establishing an important position in the digital asset market. Attention is also focused on future ETF inflow trends.