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Bitwise XRP ETF launched, with a total net inflow of $118 million for the US XRP Spot ETF in a single day.
Odaily News On November 20, Eastern Time, Bitwise XRP ETF (code XRP) was officially listed on the NYSE after being approved by the SEC. According to SoSoValue data, yesterday (November 20, Eastern Time) the total net inflow of XRP Spot ETF was $118 million. Among them, the first day net inflow of Bitwise XRP ETF was $105 million, with a trading volume of $26.41 million and a total net asset value of $108 million. Canary XRPC ETF had a single day net inflow of $12.8 million, with a historical total net inflow of $305 million. As of the time of this report, the total net asset value of XRP Spot ETF was $385 million, with an XRP net asset ratio of 0.32%, and the historical cumulative net inflow had reached $411 million. Bitwise XRP ETF supports cash or physical redemption, with a management fee rate of 0.34%.