The post Is XRP ETF Sell-the-News Event? $15. 5 Millicom. The first full week of XRP’s ETF era did not unfold the way the community expected because, instead of a continuation of the long inflow streak that began right after XRP was ruled not a security in 2023, the market delivered the exact opposite a $15. 5 million outflow from XRP-tied investment products, the largest single-week reversal since the asset reentered institutional rotation last year. XRPC’s debut on Nov. 13 produced no net creations on day one, but the next session pulled in $243 million through cash and in-kind flows, and trading volume hit $58 million, the highest opening print of any ETF launched this year out of more than 900 products. It even edged past the spot Solana ETF launch, which landed at $57 million. Source:.
Tag: solana etf
Solana ETFs Top $300M but Treasury Crash Threatens SOL Price Stability
TLDR: Solana ETFs recorded $323M in inflows within eight days, according to market data. Treasury firms linked to Solana are reportedly seeing major valuation declines. SOL trades at $154. 16, down 18% weekly, according to CoinGecko. Analysts warn forced selling could test support near the $150-$160 demand zone. Solana ETF investors continued to pour capital into [.] The post Solana ETFs Top $300M but Treasury Crash Threatens SOL Price Stability appeared first on Blockonomi.