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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
The Ethereum spot ETF had a net outflow of $120 million in a single week last week, and the Grayscale Ethereum Mini Trust ETH had a net inflow of $8.46 million
According to SoSoValue data, the Ethereum spot ETF had a weekly net outflow of $120 million last week (March 3 to March 7 EST) last week. The Ethereum ETF with the largest weekly net inflow last week was Grayscale Ethereum Mini Trust ETH, with a weekly net inflow of $8.46 million, and the current total historical net inflow of ETH is $614 million. This was followed by the Bitwise Ethereum ETF ETHW, with a weekly net inflow of $3.96 million, and the current total historical net inflow of ETHW is $322 million. The Ethereum spot ETF with the largest weekly net outflow last week was the Blackrock Ethereum ETF ETHA, with a weekly net outflow of $63.51 million, and the current total historical net inflow of ETHA is $4.21 billion. It was followed by Grayscale's Ethereum trust, ETH, with a weekly net outflow of $52.61 million, and the current total historical net outflow of ETHE is $4.13 billion. As of press time, the total net asset value of Ethereum spot ETFs was $7.762 billion, with an ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) of 2.98%, and a historical cumulative net inflow of $2.699 billion.