According to the latest data, on January 7th, Eastern Time, there was a noteworthy shift in the flow of XRP spot ETF market. Overall, XRP spot ETFs experienced a net outflow of $40.8 million on that day. Among them, the TOXR ETF issued by 21Shares performed the best, with a single-day net outflow of $47.25 million, bringing the total net outflow to $8.18 million from historical cumulative data. In contrast, the XRP ETF under Bitwise showed an opposite trend, recording a single-day net inflow of $2.44 million yesterday, with total net inflows reaching $288 million, indicating a divergence among ETF products from different issuers. As of now, the total net asset value of XRP spot ETFs has reached $1.53 billion. This divergence in flow may reflect market differentiation in perceptions of factors such as fee rates and tracking effectiveness among different ETF products.
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YieldChaser
· 01-10 02:05
Bitwise is bleeding on their side, and 21Shares was directly hammered out; this divergence is truly unmatched.
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GateUser-afe07a92
· 01-09 19:47
21shares is so disappointing... Bitwise just flipped and invested 2.44 million, the gap is huge.
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TestnetFreeloader
· 01-09 07:25
21Shares is heading for a downturn, Bitwise is taking all the market, with such a big difference in fees, who would choose?
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SigmaBrain
· 01-08 05:52
Bitwise is again grabbing market share, and 21Shares is performing so well... The fee rate is way too high.
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GasBandit
· 01-08 05:50
Can 21Shares really lose that much? Bitwise is laughing... Is the fee difference really that big?
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OldLeekConfession
· 01-08 05:50
Bitwise is secretly bottom-fishing, huh? Watching others accumulate against the trend, while 21Shares is directly abandoned. The difference is so big...
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SleepyArbCat
· 01-08 05:46
Ah, it's happening again... 21Shares' TOXR is dumping, being crushed by Bitwise.
According to the latest data, on January 7th, Eastern Time, there was a noteworthy shift in the flow of XRP spot ETF market. Overall, XRP spot ETFs experienced a net outflow of $40.8 million on that day. Among them, the TOXR ETF issued by 21Shares performed the best, with a single-day net outflow of $47.25 million, bringing the total net outflow to $8.18 million from historical cumulative data. In contrast, the XRP ETF under Bitwise showed an opposite trend, recording a single-day net inflow of $2.44 million yesterday, with total net inflows reaching $288 million, indicating a divergence among ETF products from different issuers. As of now, the total net asset value of XRP spot ETFs has reached $1.53 billion. This divergence in flow may reflect market differentiation in perceptions of factors such as fee rates and tracking effectiveness among different ETF products.