PANews reported on November 21 that, according to SoSoValue data, the Bitwise XRP ETF (ticker symbol XRP) officially listed on the NYSE on November 20 (Eastern Time), with a net inflow of $105 million on its first day, a trading volume of $26.41 million, and a total net asset value of $108 million. The Canary XRPC ETF saw a net inflow of $12.8 million during the same period. The total daily net inflow of XRP spot ETFs reached $118 million, with a cumulative net inflow of $411 million, and the net asset value ratio rose to 0.32%.PANews reported on November 21 that, according to SoSoValue data, the Bitwise XRP ETF (ticker symbol XRP) officially listed on the NYSE on November 20 (Eastern Time), with a net inflow of $105 million on its first day, a trading volume of $26.41 million, and a total net asset value of $108 million. The Canary XRPC ETF saw a net inflow of $12.8 million during the same period. The total daily net inflow of XRP spot ETFs reached $118 million, with a cumulative net inflow of $411 million, and the net asset value ratio rose to 0.32%.
Bitwise XRP ETF officially launched, with net inflows of $118 million into the XRP spot ETF in a single day.
PANews reported on November 21 that, according to SoSoValue data, the Bitwise XRP ETF (ticker symbol XRP) officially listed on the NYSE on November 20 (Eastern Time), with a net inflow of $105 million on its first day, a trading volume of $26.41 million, and a total net asset value of $108 million. The Canary XRPC ETF saw a net inflow of $12.8 million during the same period. The total daily net inflow of XRP spot ETFs reached $118 million, with a cumulative net inflow of $411 million, and the net asset value ratio rose to 0.32%.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Why Savvy Investors Are Bravely Buying The Dip Now
The post Why Savvy Investors Are Bravely Buying The Dip Now appeared on BitcoinEthereumNews.com. Have you noticed how smart money moves during market downturns? While many panic-sell, experienced investors are strategically buying crypto-related stocks at discounted prices. This counter-intuitive approach reveals crucial insights about market psychology and long-term opportunities. Why Are Investors Bullish on Crypto-Related Stocks? Recent data from the Korea Securities Depository shows significant net purchases in key crypto-related stocks. Investors poured $87.23 million into Bitmine (BMNR), $56.92 million into Circle (CRCL), and $59.68 million into Iris Energy (IREN) during November 13-19. This buying spree occurred despite broader market weakness, indicating strong conviction in the sector’s fundamentals. Hong Jin-hyun from Samsung Securities explains this phenomenon clearly. He describes the current environment as having heightened short-term volatility. However, he emphasizes that several factors make this correction different from previous ones. What Makes This Market Dip Different? Unlike past downturns that triggered massive sell-offs, current conditions show remarkable resilience. The accumulation of positive developments creates a strong foundation for recovery. Consider these key drivers: Institutional adoption continues growing steadily Long-term investor demand remains robust Market maturity reduces panic-driven selling Infrastructure development supports sustainable growth These crypto-related stocks represent companies with solid business models and real revenue streams. Their connection to blockchain technology positions them well for future growth, regardless of short-term price fluctuations. How Can You Approach Crypto Stock Investments? Successful investing in crypto-related stocks requires understanding both traditional market principles and cryptocurrency dynamics. The current buying pattern suggests experienced investors see this as a strategic entry point rather than speculative gambling. Market corrections often create the best buying opportunities. When quality crypto-related stocks become undervalued due to temporary market conditions, informed investors recognize the potential for significant returns during recovery phases. What Does the Future Hold? The current trend of buying crypto-related stocks during dips reflects growing confidence in the sector’s long-term prospects. As…
Share
BitcoinEthereumNews2025/11/21 11:00
Ripple News: XRP Price Breaks Below $2 Amid ETF Race, Bitwise Trails Canary
The post Ripple News: XRP Price Breaks Below $2 Amid ETF Race, Bitwise Trails Canary appeared first on Coinpedia Fintech News The Bitwise XRP ETF officially closed its first trading day with 1,127,647 shares traded, equal to $25.93 million in volume. While a solid debut for a product launching during one of the most chaotic market days of the year, the ETF fell far short of the $58.5 million posted by Canary’s XRPC ETF on its …
Share
CoinPedia2025/11/21 10:58
Young Conservatives More Open to AI Governance Than Liberals, Survey Indicates
The post Young Conservatives More Open to AI Governance Than Liberals, Survey Indicates appeared on BitcoinEthereumNews.com. Young conservatives show strong support for AI controlling government functions, according to a Heartland Institute and Rasmussen Reports survey, despite ongoing concerns about political bias in AI systems. This marks a surprising shift among 18- to 39-year-olds, with conservatives more open to AI handling policy, rights, and military decisions to reduce war deaths. Survey Highlights: […] Source: https://en.coinotag.com/young-conservatives-more-open-to-ai-governance-than-liberals-survey-indicates
Share
BitcoinEthereumNews2025/11/21 11:30