banner

XRP ETF Inflows Surge Despite Price Dip

The newly launched XRP ETF inflows are making headlines, as investor interest continues to grow—even while XRP’s price slips. The Teucrium 2x Long Daily XRP ETF (ticker: XXRP), launched in April, has seen consistent weekly inflows since its debut.

XXRP Adds $106 Million in Just Weeks

Since its approval, the XXRP ETF has accumulated over $106 million in assets under management (AUM). Impressively, it added $30.4 million last week alone, more than doubling the prior week’s $14.1 million.

This strong inflow trend signals that Wall Street has growing appetite for XRP-based ETFs, especially leveraged ones. By comparison, spot Ethereum ETFs have brought in just $2.5 billion since September. The 2x Solana ETF (SOLT), launched two months earlier than XXRP, only holds $30 million in assets.

XRP ETFs Forecasted to Attract Billions

Analysts at JPMorgan believe the momentum is just getting started. The bank forecasts that XRP and Solana ETFs could attract $15 billion in total inflows within the first year—most of that going to XRP products.

Another key milestone is approaching in June. The SEC is expected to issue a decision on the Franklin Templeton XRP ETF. While a delay is likely, final approval may arrive before the October 15 deadline, alongside ETF filings from Bitwise and VanEck.

Source : Polymarket

Prediction markets like Polymarket currently estimate an 83% chance that an XRP ETF will be approved this year.

What Makes XXRP Different?

Unlike spot ETFs, XXRP is a leveraged ETF. It offers investors 2x the daily return of XRP, which amplifies both gains and losses. For instance, XRP dropped 1.5% on Friday, and XXRP fell nearly 3%.

This leverage also means higher fees. The fund charges a 1.89% expense ratio, compared to under 0.50% for traditional Bitcoin or Ethereum ETFs.

Source : Teucrium

Still, leveraged ETFs can outperform significantly over time. A prime example is the ProShares UltraPro QQQ, which surged 270% over five years, versus a 130% rise in the Nasdaq 100 Index.

Since its launch, XXRP is up 58%, while XRP itself has gained just 15%.

Outlook: Is More Growth Ahead?

If current trends continue, XRP ETFs could become a powerful force in the crypto investment world. With strong XRP ETF inflows, rising institutional interest, and pending SEC decisions, the outlook remains bullish—especially if broader crypto momentum holds steady.

banner

Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

Follow Us

Top Selling Multipurpose WP Theme

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

banner

Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

Social Media Auto Publish Powered By : XYZScripts.com
Skip to content