XRP ETFs pull in $170 million over eleven days. Goldman tops institutional holders
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12 Articles
At the time of writing these lines, the price of the XRP swaps at $1.37, showing a slight increase over the last 24 hours. This discrete figure hides a much deeper upward analysis: the XRP cash ETFs come to align ten consecutive days of net entries, and this series seems to be well off to reach [...] The post XRP: 10 days of record entries for the ETFs, around $2 ? appeared first on Cryptonews France.
XRP ETFs pull in $170 million over eleven days. Goldman tops institutional holders
XRP ETFs Surge With Massive $170M Inflows Led By Goldman
XRP spot ETFs drew $170M over 11 consecutive sessions with nine straight inflows, lifting cumulative inflows to $1.68B since November. Q2 13F filings show Goldman Sachs, Jane Street and Millennium leading holders, signaling maturing institutional demand for altcoin ETFs beyond Bitcoin and Ethereum.
XRP’s ETF spot in the United States chained 11 consecutive sessions of capital inflows and accumulated approximately $170 million during this run, raising net flows since its launch to about $1.68 billion. The move takes place while XRP retreats from peaks reached at the end of August and major managers [...] The entry XRP’s ETF spot accumulates 11 consecutive ticket sessions was first published in Cryptoreport.
XRP's counting ETFs in the United States totaled 11 consecutive working days of entries and reached approximately $170 million during the run, even as the asset receded from its recent peak. Goldman Sachs appears to be the largest institutional investor identified in the regulatory archives, although the flow to these products is still well below that observed in Bitcoin's ETFs.
Net inflows were recorded on the U.S. XRP ETFs for eleven consecutive sessions. This series, which began on August 18, provided them with nearly $170 million and reduced their cumulative flows to $1.68 billion since their launch. At the same time, the second-quarter publications place Goldman Sachs in first position among known institutional investors. However, these two statistics do not cover the same period and do not allow to link recent flo…
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