The XRP spot ETF market has experienced significant capital divergence. As of January 7th, Eastern Time, the total net outflow of XRP spot ETFs for the day reached $40.8 million, reflecting investors' differing attitudes towards this sector.
Specifically, the 21Shares' TOXR product had a net outflow of $47.25 million for the day, with a total net outflow of $8.18 million historically, indicating ongoing redemption pressure on this product. In contrast, Bitwise's XRP ETF saw a net inflow of $2.44 million for the day, with total net inflows accumulating to $288 million, forming a stark contrast.
Looking at the overall market size, the total net asset value of XRP spot ETFs is $1.53 billion, with XRP's net assets accounting for 1.16%. More notably, despite recent single-day net outflows, the historical cumulative net inflow remains high at $1.2 billion, indicating that this sector has maintained strong capital attraction since its launch. The divergence in capital flows may reflect investors' differentiated choices regarding product structures and management schemes.
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CrossChainBreather
· 21h ago
It looks like Bitwise really won, what's going on with 21Shares...
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The divergence in XRP ETFs is so strong, it shows that everyone is still focusing on the product itself.
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Wait, the net inflow of 1.2 billion is still there, with only about 40 million in daily outflows. That's nothing, right?
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The steady inflow into Bitwise indicates that those choosing it know what they're doing.
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Capital differentiation is just the market voting; no one can escape it.
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Is TOXR being disliked by the market? Or is the management fee too high?
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The net inflow of 1.2 billion is right there, don’t be fooled by the daily data.
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It seems like more people are optimistic, otherwise the cumulative inflow wouldn't be so high.
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Compared to 21Shares, the gap with Bitwise is indeed quite obvious.
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XRP's ability to attract funds is no problem; it all depends on how the product is chosen.
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zkProofInThePudding
· 01-08 05:53
Once again, this is the same buyer show. 21Shares, are you about to fade out?
Bitwise is monopolizing, and TOXR is being hammered directly.
Why are people still jumping into the pit...
The idea of capital differentiation sounds nice, but honestly, someone must have hit a雷.
Can 1.2 billion in net inflow hold up? It feels like a change is coming.
2.88 billion inflow into Bitwise, this data is quite fierce.
TOXR has a net outflow of 8 million, is this a clearance sale?
Why is everyone following the trend of Bitwise? Could there really be insider information?
With a market cap of 1.53 billion, it could evaporate half in minutes.
Talking about differentiated choices, it's just that no one trusts TOXR.
This rhythm... has a déjà vu feeling of Luna last time.
Bitwise's move is brilliant, eating up the market share of competitors.
Net outflow of 40 million, are big players cutting the leeks?
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FlatlineTrader
· 01-08 05:52
21Shares, are they giving away money... Bitwise is actually charging high fees, the gap is so big I can't hold it anymore.
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mev_me_maybe
· 01-08 05:48
TOXR is heading for disaster, Bitwise just turned around and won... funds don't lie
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ContractHunter
· 01-08 05:44
TOXR is so weak that Bitwise is still taking its share.
View OriginalReply0
MetaLord420
· 01-08 05:34
Bitwise really won this time, and TOXR got directly hit, haha
The XRP spot ETF market has experienced significant capital divergence. As of January 7th, Eastern Time, the total net outflow of XRP spot ETFs for the day reached $40.8 million, reflecting investors' differing attitudes towards this sector.
Specifically, the 21Shares' TOXR product had a net outflow of $47.25 million for the day, with a total net outflow of $8.18 million historically, indicating ongoing redemption pressure on this product. In contrast, Bitwise's XRP ETF saw a net inflow of $2.44 million for the day, with total net inflows accumulating to $288 million, forming a stark contrast.
Looking at the overall market size, the total net asset value of XRP spot ETFs is $1.53 billion, with XRP's net assets accounting for 1.16%. More notably, despite recent single-day net outflows, the historical cumulative net inflow remains high at $1.2 billion, indicating that this sector has maintained strong capital attraction since its launch. The divergence in capital flows may reflect investors' differentiated choices regarding product structures and management schemes.