XRP Records Abnormal ETF Imbalance as Select US Funds Outperform Token Surge by 100%
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Key points of the news: XRP rose about 7% to 8%, while several smaller XRP spot ETFs in the United States advanced between 16% and 17%, creating an unusual short-term price gap. Bitwise and Franklin Templeton's funds followed more closely the movement of XRP, while XXRP, XRPT and UXRP recorded strong advances due to less liquid and premium order books on NAV. The movement occurred without new capital inflows: the previous session recorded $7.20 …
coin-turk.com
BITRSS🚨 Some spot XRP ETFs in the US rose nearly twice as fast as $XRP. 📈 While XRP reached $1.44, some fund shares saw gains approaching 17% during the day. 💸 This movement was driven by low liquidity and premium pricing, not new money inflows. 📊 Prices rose sharply despite the sector recording a net outflow of $7.20 million in the previous session. Read More: Spot XRP ETFs in the US Rise Twice as Fast as the Token The article "Spot XRP ETFs in t…
u.today
Cryptocurrency News | Cryptocurrency Prices | Market CapXRP Records Abnormal ETF Imbalance as Select US Funds Outperform Token Surge by 100%
XRP ETFs outpace the token by 100% amid an abnormal liquidity mismatch in U.S. order books during a $27.2 million trading session.
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