Why 13 Weeks Of Strong ETF Flows Haven’t Moved XRP
Photo: DailyCoin
Ripple Lab’s native XRP coin performed strongly during the past three months on Wall Street via several well-demand exchange-traded funds (ETFs). However, that’s yet to reflect on the token’s price: cumulative netflow just hit $1.80 billion, judging from SoSoValue’s data. 13-Week Run Led By Three Giants Pulling In Millions The weekly ETF scoreboard logged slow, but steady gains. A 13-week run of positive inflows paints a picture of constant demand. The institutional players are most actively acquiring Bitwise’s XRP product, while Franklin Templeton comes second & Canary third. All tradeable products range from -0.16% to -0.29% in fees.
Source: DailyCoin
