$0 in 24 Hours? XRP ETFs Break Long Inflow Streak
Analysis
Price Impact
LowWhile xrp etfs experienced a day with $0 net inflow, ending a streak, the overall cumulative inflows remain strong at $1.14 billion and total net assets are $1.24 billion. trading volume also remained healthy. this suggests a temporary pause rather than a significant negative shift, with the price showing stability during consolidation.
Trustworthiness
HighThe analysis is based on specific data from sosovalue regarding etf inflows and assets, directly reported by u.today, a reputable crypto news source.
Price Direction
NeutralDespite the break in the inflow streak, xrp's price remained stable around $1.85, and most etf products finished in positive territory. this indicates a consolidation phase with sustained long-term investor confidence, preventing a bearish turn but also not providing immediate bullish momentum.
Time Effect
ShortThe $0 net inflow day appears to be a temporary blip, as emphasized by the ongoing strong cumulative assets and trading activity. its immediate impact is minimal, and the long-term outlook for institutional confidence in xrp remains intact.
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Article Content:
Cover image via www.freepik.com Read U.TODAY on Google News XRP ETFs remain strong despite $0 net inflow Canary leads with highest net asset Advertisement After multiple days of strong performance, the XRP ETF ecosystem is gradually beginning to see fading momentum as its long streak of steady inflows has eventually taken a break, according to data from SoSoValue. While the XRP funds were expected to maintain momentum till the end of the year, they have seen no performance from investors for the first time since their emergence, sparking hot discussions across the crypto community. XRP ETFs remain strong despite $0 net inflow On Friday, Dec. 26, the XRP spot ETF market recorded zero net inflow, ending a streak of consistent capital intake that had fueled strong growth across all XRP funds since their launch. HOT Stories Crypto Market Prediction: Bitcoin Could Spike Above $90,000, Shiba Inu (SHIB) Hits Hidden Reversal Level, Will Ethereum's (ETH) New Year Pump Happen? Fidelity’s Macro Guru Turns Bearish on Bitcoin Morning Crypto Report: Legendary Trader Speaks out on $24,111 Bitcoin Anomaly on Binance, Cardano's Hoskinson Calls out New Project and Brings up XRP, Dogecoin (DOGE) Posts 'Naughty List' CZ Reacts to Trust Wallet Hack. Are Funds SAFU? Despite recording a total net inflow of $0.00 during its last trading session, the cumulative inflows remained impressive at $1.14 billion. Advertisement The XRP ETF ecosystem also boasts total net assets of about $1.24 billion, suggesting that long-term investor confidence in XRP remains intact despite the unexpected break. Nonetheless, it is important to note that trading activity remained healthy even as its daily inflows saw a temporary pause, with its total trading volume reaching $16.61 million for the day. Amid the mixed price action, XRP itself traded around $1.85 on the same day, signaling price stability during the consolidation phase as institutional investors remain confident about the asset’s long-term prospects. Advertisement Canary leads with highest net asset Following the muted activity witnessed on Friday, all XRP spot ETFs recorded flat daily inflows, however, their impressive net assets remain intact. Data provided by the source further showed that XRPC Canary led the pack, holding $325.93 million in net assets and gaining 0.41% over the last day. 21Shares followed next, managing $250.68 million with a slight 0.02% dip. Bitwise , Grayscale and Franklin Templeton also followed with $227.15 million, $225.11 million and $206.90 million in net assets, respectively. Notably, most products finished the session in positive territory despite the absence of new inflows, a sign that investors continue to show conviction rather than retreat. #XRP #XRP Price Prediction #Spot XRP ETF #Bitwise