XRP ETFs Hold $1.66 Billion After Drawing $1.79 Billion
XRP exchange-traded funds have attracted $1.79 billion in inflows but currently hold $1.66 billion, making them the only major crypto ETFs underwater according to Aol.
XRP exchange-traded funds have attracted $1.79 billion in total inflows but currently hold $1.66 billion in assets, according to a report by Aol. This performance leaves them as the only major cryptocurrency exchange-traded funds currently underwater.
ETF Performance and Holdings
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The discrepancy between total inflows and current holdings highlights shifting valuations for the investment products tied to the asset. While other major crypto exchange-traded funds maintain valuations aligned with or exceeding their historical inflow totals, XRP-focused funds show a net deficit based on the reported figures.
Key facts
- XRP exchange-traded funds have put in $1.79 billion.
- Current holdings for the funds stand at $1.66 billion.
- The products are currently the only major crypto ETFs listed as underwater according to Aol.
Source: news.google.com
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