Biji.com News, according to Coindesk, despite the overall decline in the cryptocurrency market, XRP ETFs continue to see capital inflows. Among them, the Bitwise fund saw a single-day inflow of $11.94 million on Monday, and cumulative net inflows have exceeded $505 million since November.

XRP1.59%
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
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
NonceNomad
· 06-30 16:36
Coindesk's timing of this report is spot on, just in time to boost XRP bulls.
View OriginalReply0
BlackVelvetKey
· 06-30 16:36
From November until now, the cumulative total is 500 million. This capital stickiness is higher than I imagined; retail investors have already fled, right?
View OriginalReply0
QueueJumper
· 06-30 16:36
11.94M is not much for an ETF, but the trend is more important than the numbers; continuous inflows indicate the issue.
View OriginalReply0
FlamingoFrontView
· 06-30 16:36
Bitwise’s ability to attract money is impressive—given how the market has been falling like this, it can still bring in more than ten million dollars in a single day.
View OriginalReply0
  • Pinned