Teudium 2x Long Daily XRP ETF (XXRP) reached $ 323.6 million in Netflomen this week, because it was traded the first XRP Exchange-Traded Fund (ETF) in the US to surpass the $ 300 million threshold.
According to Vettafis factsXXRP now represents 52.5% of the total $ 616 million in net flows that are registered by US Traded XRP ETFs.
In particular, all exhibition-related products (ETPs) that are linked to XRP in the US are linked to derivatives, with the SEC still to Greenlight Spot products from July 29.
Two digit growth
According to Coinshares, XRP ETPs are trapped $ 189 million in inflow Last week. XXRPs $ 73.4 million in net streams then represented 39% of global flows and a weekly growth of 22.7% in the inflow.
On July 21, XXRP saw the most important daily volume of every XRP ETF in the US to date, with $ 50.4 million.
The Teucium ETF is the oldest of the four XRP ETFs traded in the US, launched on April 8. On May 22, Volatility Stories launched were XRP products, the Funds XRPI and XRPT. While XRPI offers no leverage, Xrpt offers exposure to 2x leverage.
XRPI registered $ 124.6 million in inflow From July 28, according to data from Etf.com. Xrpt posted Almost $ 168 million Flows into the same period in net.
With regard to last week’s performance, the funds of Volatility shares registered comparable growth. The total inflow of XRPI increased by $ 33.6 million by 27%. At the same time, XRPT added $ 43.6 million to the inflow and grew 26%.
The youngest of the couple is Proshares Ultra XRP ETF (UXRP), who became live on July 16. Since then, the 2x leverage ETF has been caught About $ 101,000 in inflow.
Surpassed by Solana products
Despite the surpassing of Solana (SOL) in the total market capitalization to become the third largest crypto, XRP ETPs are still registering a smaller inflow here than SOL-related products this year.
PRODUCTS BASED PRODUCTS POSSIBLE PRODUCTS ENLY $ 410 million to the present, against SOL’s $ 292.5 million.
However, XRP products are now $ 721 million in the global total net flows, which means that the ETPs of Solana-related ETPs and their $ 844 million in inflow are lost.