Ripple ETF net outflow of $10,421,600... Outflows concentrated in Bitwise
Original headline리플 ETF 1042만1600달러 순유출…비트와이즈에 유출 집중
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U.S. spot XRP ETFs recorded $10.42 million in net outflows on April 9, with Bitwise's product accounting for $9.40 million—roughly 90% of the total—and Canary's fund shedding $811,400, according to SoSoValue data. Despite the daily exit, both issuers remain in cumulative net inflow territory, with Bitwise at $672 million and Canary at $484 million since launch, while total U.S. spot XRP ETF net assets stood at $1.238 billion. The concentration of redemptions in a single issuer highlights how fragile daily flows can be even when cumulative totals look strong.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
XRP (XRP), Bitwise, Canary, SoSoValue
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