There seems to be a clear winner in terms of investors’ behavior toward crypto-based exchange-traded funds, and it’s not the two market leaders, BTC and ETH.
The financial vehicles tracking the performance of Ripple’s cross-border token continue to defy the overall market weakness with another week in the green. The HYPE ETFs also marked another positive week, but it was a significant decline from the previous one.
After the impressive end to the previous business week, in which investors poured $15.63 million into the spot XRP ETFs on Friday, hopes for another strong start were high. And the numbers provided by SoSoValue show that reality wasn’t far away, as another $15.34 million entered the ETFs on Monday.
However, the trend changed on Tuesday and Wednesday. Net withdrawals dominated, with investors pulling out $2.83 million and $1.86 million, respectively. This was a rare occasion since the funds have not seen too many red days lately despite the broader ETFs’ trend. The last one was a month ago, on June 3.
Moreover, the last time when there were two consecutive days in the red was nearly three months ago, in early March. However, unlike the events back then, the tides reversed once again, as the funds saw $6.55 million net inflows on Thursday (the last trading day of the week due to the July 4 holiday).
Consequently, the week ended well in the green again, with net inflows of $17.19 million. Thus, the spectacular streak of green-only weeks continues, as the last one (barely) in the red was in late April/early May.
Perhaps driven by the positive developments on the ETF scene, the underlying asset’s price has risen by over 8% in the past week and now sits close to $0.15.
The HYPE ETFs also enjoyed the last full business week of June, seeing a massive net inflow of $111.36 million, which was by far the largest ever. Although the past four-day business week was also in the green, it was a lot more modest, with just $4.32 million entering the funds.
Nevertheless, the cumulative total net inflows sit at an all-time high of almost $300 million, despite the $3.01 million leaving the ETFs on Tuesday.
The post Ripple (XRP) Keeps Dominating ETF Flows, but Cracks Are Starting to Show appeared first on CryptoPotato.
小靓分析:
🦊 小靓解读
XRP ETF 连续两周吸引资金流入,周一单日净流入达1534万美元,显示投资者对其长期信心不减,但周二周三开始出现净流出,说明短期获利了结情绪抬头。
📊 市场影响
中短期看,XRP ETF 资金面仍优于 BTC 和 ETH,但流出信号暗示市场情绪可能转向谨慎,若流出持续,XRP价格或面临回调压力,当前XRP在0.47-0.50美元区间震荡。
💡 操作建议
建议持有XRP的投资者设置3-5%的移动止损,锁定部分利润,同时关注ETF资金流向变化,若连续两天净流出超1000万美元,可考虑减仓避险。
风险提示:
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