XRP ETFs now hold $1. 7billion but took in just $4M last week
Franklin and Canary saw outflows on Oct. 6 even as the five tracked funds gained net inflows, while 지갑 migrations complicate the supply story.
XRP traded around $1. 43 on Oct. 7, down 5. 46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1. 7billion at the previous day's close, according to market data tracker Maketo.
The holdings total is accumulated exposure. The latest net flows were much smaller, and the ETF sector contained withdrawals as well as additions: Franklin and Canary recorded outflows on Oct. 6, even though the five funds collectively received net inflows. The 거래소-지갑 decline used to support a supply-squeeze story also includes a storage migration that left coins under the same 거래소's control.
Maketo estimated that its five tracked funds held$1. 7billion, or about 1. 13billion XRP, at the Oct. 6 close. It values the coins at its own daily closing price and estimates some holdings when issuers do not publish a coin count.
Itsflow data for the same dateshowed $3. 14million of aggregate net inflows. The past-week total was roughly $3. 9million, alongside $112million over the past month. The weekly and monthly figures cover the tracker's trailing periods.
The rounded daily breakdown showed about $11million entering Bitwise's fund. Franklin recorded roughly $4. 1million leaving, while Canary lost about $3. 3million. Grayscale and 21Shares were flat. Bitwise's additions outweighed withdrawals elsewhere, leaving the sector positive.
Canary'sshares-outstanding tableshows its share count moving from 23. 35million on Oct. 5 to 23. 14million on Oct. 6, consistent with net redemptions. That identifies a fund where exposure was being reduced, without naming the investors or showing where any underlying XRP changed hands.
There is also a distinction between investors selling ETF shares on an 거래소 and shares being redeemed from the fund. Individual shares trade in the market, while authorized participants handle creation and redemption units.
The 거래소 picture is also mixed. An Oct. 7 reading from ledger data tracker XRP Insights, taken at 08: 00 UTC, counted21. 98billion XRP in 699 publicly attributed wallets across 24 exchanges. That includes cold storage and some reserves backing wrapped tokens, so it is broader than readily tradable inventory.
Selling can also occur within an 거래소's pooled customer accounts. As an accounting matter, XRP moving from one customer's ownership to another's need not alter the 거래소's total on the ledger. That lets sellers trade existing 거래소 inventory even while coins are being withdrawn.
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출처: CryptoSlate