XRP ETF Outflow Device: Net Flow Analysis in February

robot
Abstract generation in progress

In early February, significant capital movements were recorded in XRP exchange-traded funds, revealing contrasting patterns in the outflow and inflow of institutional investments. According to data from SoSoValue reported by Odaily, these dynamics reflect the complex reality of the crypto asset market, where different ETF managers experience flows in opposite directions.

XRP ETFs Show Contrasting Capital Dynamics

The XRP fund landscape showed clear divergences in resource allocation. While some investment vehicles faced significant net outflows, others managed to attract fresh capital. This polarization illustrates the differing perspectives investors have regarding this digital asset, which currently has a market capitalization of $91.50 billion.

The TOXR Outflow Device Remains Dominant

The 21Shares XRP TOXR ETF experienced an outflow of $950,000 in a single day, continuing its historical trend of net withdrawals. The total outflows from this fund have reached $530 million since its launch, indicating sustained selling pressure among certain investor segments. This persistent pattern suggests that some market participants have chosen to reduce their exposure to XRP through this specific vehicle.

Bitwise Captures Net Capital Amid Overall Volatility

In stark contrast, the inflow device of the Bitwise XRP ETF registered a positive net flow of $540,000 during the same period. The fund has accumulated total inflows of $338 million in its operational history, demonstrating that institutional demand exists for this vehicle to gain exposure to XRP. This divergence between the two leading XRP ETFs underscores the importance of manager selection among sophisticated investors.

Total Assets and Market Balance

The consolidated net assets of XRP funds reached $1.11 billion at the time of the report, with XRP representing 1.13% of the total assets under management. The accumulated net flow of the combined inflow and outflow devices has reached $1.18 billion, a volume that reflects the significance of these vehicles in channeling institutional capital into this digital asset. These figures demonstrate that ETFs have become important channels in the cryptocurrency investment infrastructure.

XRP12,24%
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)