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Franklin Templeton's XRP Spot ETF Holdings have surpassed 100 million, achieving a new high in net assets.
[Block Rhythm] Franklin Templeton's XRP Spot ETF has reached an important milestone. According to the latest holdings data, as of December 22, the ETF's XRP open interest has surpassed the 100 million mark for the first time, specifically reaching 101,552,283.62.
In terms of asset scale, the market value of this portion of XRP Holdings has reached $192,683,271.89. Meanwhile, the total net asset scale of the entire ETF product has reached $183.41 million, with the current number of circulating shares at 8,900,000.
This data update reflects the ongoing enthusiasm of traditional financial institutions for the allocation of XRP. With the increase in institutional holdings, the XRP spot ETF is also continuously improving the asset allocation options for market participants.
This is how Financial Institutions get on board, slowly nibbling until they are full. Feeling optimistic.
Wow, did Franklin Templeton really take action? This is a serious rhythm.
Net assets hitting a new high, and Holdings breaking through, this script is written a bit too smoothly.
$180 million ETF size... hissing, this is just the beginning.
Are Traditional Financial Institutions' enthusiasm for allocations high? You believe it? I do.
Is the significance of 100 million nodes big? Feels like just a numbers game.
Looking at this trend, institutions still need to continue piling up. XRP still has a chance.
Franklin's strategy is just to slowly clean out the coins from retail investors' hands.
Net asset scale hitting a new high, but this price... it's about time.