Cathie Wood’s Ark Invest has filed an S-1 application with the U.S. SEC for the ARK CoinDesk 20 Crypto ETF, highlighting XRP among the fund’s most significant holdings.
The XRP ETFs recently recorded the largest daily capital inflow for any crypto ETF, beating Bitcoin, Ethereum, and Solana. According to data from market resource Sosovalue, XRP ETFs witnessed a little above $17 million worth of capital inflows on Jan.
XRP ETFs extend the current inflow streak with $10.63 million in daily net flow, as their total traded value reaches a five-day high. Specifically, data from SosoValue shows that the five US XRP spot ETFs recorded a daily trading volume of $44.11 million on January 14.
The XRP ETFs have now officially recovered the $40 million worth of capital outflow they recorded earlier this year. This comes on the back of the latest inflow data, as the products attracted $12.98 million worth of capital influx on Jan.
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