Recently, the cryptocurrency spot ETF market has shown divergence. The XRP spot ETF experienced a net outflow of $40.8 million yesterday, with 21Shares' TOXR product outflowing $47.25 million, while Bitwise XRP ETF saw an inflow of $2.44 million against the trend. As of now, the total net asset value of XRP spot ETFs has reached $1.53 billion.
In comparison, Solana spot ETFs performed more stably, with a single-day net inflow of $1.97 million, mainly from Bitwise BSOL. The current total net asset value of this product is $1.08 billion. From the data, it is evident that market attitudes towards different blockchain ecosystems vary significantly, and investors' asset allocation strategies are also continuously adjusting.
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ser_ngmi
· 01-11 00:00
It seems that XRP is about to experience a divergence in its trend, with 21Shares unexpectedly performing poorly, while Bitwise is still holding on...
Why is SOL so stable? It feels like funds are flowing into more attractive ecosystems.
Is no one interested in XRP anymore? Or is it just a short-term correction?
Ecosystem development still needs to be done properly; otherwise, prices alone can't drive growth.
Bitwise's BSOL is indeed more resistant to declines, which is interesting.
Wait, XRP only has a market cap of 1.5 billion, and SOL is just 1 billion? Why is the market so small?
Seriously? TOXR is losing 47.25 million in a day? Are they fleeing?
It feels like everyone is re-evaluating their paths; XRP's story isn't as compelling anymore.
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ApeShotFirst
· 01-08 06:50
XRP is bleeding again, this pace is incredible. Bitwise is still buying in, I really respect that.
SOL is stable, as expected, the market has it figured out.
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MEVSupportGroup
· 01-08 06:46
Damn, XRP is starting to run again. Who's going to get trapped this time?
Bitwise seems to really understand XRP; everyone else is just wasting time.
Is Sol about to turn things around? It feels like the market is betting on the direction.
Such severe capital divergence indicates that everyone really has no confidence.
TOXR outflows are so fierce; holders are truly scared.
Why is XRP still holding onto 1.5 billion, while Sol only has 1 billion? That doesn't make sense.
A reverse inflow of 2.44 million? That must mean someone is buying at the bottom.
Let's wait and see, the market will speak.
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MidnightTrader
· 01-08 06:43
Here we go again, TOXR is about to fade away
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SOL is now more popular than XRP, the trend has shifted
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Bitwise is actually buying XRP, interesting
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21Shares TOXR took a pretty heavy loss this time
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Funds are all flowing into SOL, can XRP still hold steady?
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With 1.5 billion in outflows... it seems we need to adjust our expectations
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Is anyone still buying TOXR? I just don't understand this move
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Outflows happen, anyway I’m not betting on these two
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2.45 million inflow into Bitwise XRP, details everyone
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SOL is steadily rising, XRP is falling behind, no problem
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SignatureAnxiety
· 01-08 06:27
TOXR's big plunge this time, it seems XRP holders must be feeling pretty anxious
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SOL is holding steady, whereas XRP is really experiencing a run on it
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This is the market voting—some are optimistic, some are fleeing
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Bitwise still dares to buy the dip on XRP, is this optimism or just cutting losses?
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Fifteen billion looks large, but four million outflow in a day... Oh my
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SOL's stability is because people are really using it, or is it just hype?
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The divergence is starting again—when will this round finally end?
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TOXR has directly lost over forty million, how disappointed must the investors be?
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Differentiation, to put it simply, means some coins are no longer wanted
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Bitwise's inflow of 2.44 million, is this a bottom-fishing or a burial?
Recently, the cryptocurrency spot ETF market has shown divergence. The XRP spot ETF experienced a net outflow of $40.8 million yesterday, with 21Shares' TOXR product outflowing $47.25 million, while Bitwise XRP ETF saw an inflow of $2.44 million against the trend. As of now, the total net asset value of XRP spot ETFs has reached $1.53 billion.
In comparison, Solana spot ETFs performed more stably, with a single-day net inflow of $1.97 million, mainly from Bitwise BSOL. The current total net asset value of this product is $1.08 billion. From the data, it is evident that market attitudes towards different blockchain ecosystems vary significantly, and investors' asset allocation strategies are also continuously adjusting.