XRP ETFs Face $6.42M Outflow, Grayscale’s GXRP ETF Records Largest Loss

TLDR

• XRP ETFs saw a daily outflow of $6.42 million, with cumulative inflows at $1.22 billion.
• XRPC ETF reported a $1.44M net inflow, but its market price declined by 2.25%.
• XRP ETF experienced a daily drop of 2.20% and a $303.92K net inflow.
• XRPZ ETF saw a 2.00% drop in market price, with $737.47K in daily inflows.
• The GXRP ETF recorded an $8.91M outflow, with a 2.24% drop in market price.

As of February 12, the daily total net inflow for XRP ETFs recorded a loss of $6.42 million. According to SoSoValue, the cumulative total net inflow remains positive at $1.22 billion. The total value traded stands at $12.52 million, showing a relatively low trading volume for the day. Total net assets for the XRP ETFs are valued at $970.66 million, representing 1.18% of the XRP market cap.

XRPC, XRPZ, and XRP ETFs Record Inflows

Among individual XRP ETFs, the XRPC ETF, listed on NASDAQ and sponsored by Canary, saw a slight 0.61% decline. It reported a 1-day net inflow of $1.44 million and a cumulative net inflow of $412.60 million. The ETF’s net assets stand at $259.50 million, with an XRP share of 0.32%. Its market price is $14.36, showing a 2.25% daily decline.

The XRP ETF, listed on the NYSE and sponsored by Bitwise, experienced a daily decrease of 2.20%. It saw a daily net inflow of $303.92 thousand and has a cumulative net inflow of $359.29 million. Its net assets stand at $247.85 million, representing 0.30% of XRP’s market share. The market price dropped to $15.13.

The XRPZ ETF, listed on the NYSE and sponsored by Franklin, experienced a 0.40% drop in value. It reported a daily inflow of $737.47 thousand with a cumulative net inflow of $326.80 million. Its net assets stand at $221.98 million, accounting for 0.27% of XRP’s market share. The ETF’s market price fell by 2.00% to $14.69.

GXRP Losses $8.91 as TOXR ETF Holds Stable

The TOXR ETF, listed on the CBOE and sponsored by 21Shares, saw a daily decline of 2.23%, with no changes in its flow for the day. It has net assets totaling $166.91 million, holding 0.20% of XRP’s market share.

Lastly, the GXRP ETF, listed on the NYSE and sponsored by Grayscale, recorded a 2.24% drop, with a daily net outflow of $8.91 million. This XRP ETF has net assets of $74.43 million, representing 0.09% of the XRP market. Its market price decreased to $26.18.