So, the XRP ETF party hit a snag, huh? Turns out, the crypto crowd got bored and decided to sip their drinks instead of throwing cash at it. Multiple days of “meh” capital intake? Sounds like a Larry David episode where everyone shows up but forgets their wallets. Classic.
And get this-despite XRP’s price doing a little jig at the end of the week, the funds recorded their weakest weekly intake since launch. According to SosoValue (great name, by the way), the ETFs scraped together a whopping $7.65 million as of Feb. 13. Big whoop. My dry cleaner makes that in a good week.
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Oh, and the daily net inflows? $4.50 million. That’s like finding couch change and calling it a windfall. At least it offset some earlier outflows. Baby steps, I guess.
XRP ETFs: Still a Billionaire, But Barely
Good news, though-the total net assets are still above $1 billion. So, they’re not exactly dumpster diving for scraps. Yet. Trading activity? Strong. $19.69 million traded that day. But let’s be real, that’s just the market shrugging, not exactly a standing ovation.
XRP’s price? Up 5.54% at $1.44. Not bad, but let’s not throw a parade. It’s like celebrating because your coffee wasn’t burnt this morning.
Bitwise: The Least Embarrassing Kid in the Room
Bitwise led the inflows with $2.52 million. Congrats, you’re the tallest dwarf. Franklin Templeton followed with $1.53 million, and Canary Capital scraped together $449,650. Meanwhile, 21Shares and Grayscale? Nada. Zilch. Did they even show up?
So, there you have it. The XRP ETFs are still standing, but let’s just say they’re not exactly doing the cha-cha. More like the awkward shuffle. Stay tuned for next week’s episode of “Crypto: What the Heck is Happening?”
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2026-02-14 15:31