Bitwise XRP ETF launched, with US XRP spot ETFs seeing a net inflow of $118 million in a single day.
According to Odaily Planet Daily, on November 20th (Eastern Time), the Bitwise XRP ETF (ticker symbol XRP) was officially listed on the NYSE after receiving approval from the SEC.
According to SoSoValue data, the XRP spot ETF saw a net inflow of $118 million yesterday (November 20th, Eastern Time).
The Bitwise XRP ETF saw a net inflow of $105 million on its first day of trading, with 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 in a single day, bringing its total historical net inflow to $305 million.
As of press time, the XRP spot ETF has a total net asset value of $385 million, an XRP net asset ratio of 0.32%, and a cumulative net inflow of $411 million.
The Bitwise XRP ETF supports cash or in-kind creation and redemption, with a management fee of 0.34%.
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