XRP ETF sees an inflow of 293 billion won in just two days…highest performance since its launch.

Source: TokenPost Original Title: XRP ETF, 293 billion won inflow in two days… 'Best' performance since launch Original Link: The XRP-based exchange-traded fund ( ETF ) has attracted market attention by exceeding the overall performance of the previous week in just two days. During the two days of November 24-25, a total of $199.45 million (, approximately 293 billion KRW ), flowed into the XRP ETF, surpassing the influx of $179.6 million (, about 263.4 billion KRW ) from the previous week.

This record is assessed as the best weekly start performance since the launch of the XRP spot ETF. In particular, on November 24 alone, a net inflow of 164.04 million dollars(, approximately 241 billion won), occurred, and an additional 35.41 million dollars(, about 52 billion won), was added the following day, on the 25th.

As a result, the total funds invested in the XRP ETF amount to approximately $622.11 million(, roughly 914 billion won), and the net asset size has increased to $644.64 million(, about 946.8 billion won). This figure corresponds to approximately 0.49% of the total market capitalization of XRP. By ETF issuer, Bitwise has introduced $21.3 million(, about 31.3 billion won), Cannery has added $6.99 million(, about 10.2 billion won), and Franklin has brought in $7.12 million(, about 10.5 billion won).

With the influx of ETFs, the spot trading volume of XRP is also increasing. Recently, the daily trading volume reached 44 million USD(, approximately 6.46 billion KRW), showing significant growth compared to earlier this month, when it hovered around 20 to 25 million USD(, approximately 2.94 billion to 3.67 billion KRW).

However, the price reaction is still limited. XRP is fluctuating between $2.16 and $2.29, which is approximately 3,172 won to 3,368 won, showing a box range trend. Despite the momentum of ETF fund inflows, there has been no short-term price surge.

Market Interpretation

The sudden influx of funds into the XRP ETF suggests the possibility of active accumulation by institutional or large-scale investors. However, the price has not reacted immediately to this, indicating that further data confirmation is needed.

Investment Strategy

The influx of ETFs could be a long-term bullish signal, but for short-term investors, a range trading strategy may be effective. Attention should be paid to whether there is a substantial price breakout.