Roundhill Trust Updates XRP ETF Filing Amid Strong Inflow Trends
- Roundhill Trust has filed a Form 485BXT amendment with the SEC for its XRP Covered Call Strategy ETF.
- U.S. spot XRP funds have achieved a streak of net inflows for the past 30 days, totaling approximately $1.16 billion since launch.
- On December 30, net inflows reached $15.55 million, contributing to around $493.5 million in total inflows for December.
- XRP balances on exchanges have fallen to new lows, indicating a potential accumulation trend among investors.
- The Roundhill ETF aims to allocate at least 80% of its net assets to options linked to existing XRP ETFs.
The recent filing by Roundhill Trust reflects ongoing interest in XRP investment strategies as demand increases and exchange balances decline. The consistent inflow of capital into spot XRP funds underscores investor confidence despite broader market challenges.
With cumulative inflows reaching about $1.16 billion, the strong performance of XRP-based ETFs highlights their growing appeal in the cryptocurrency market.(Source)
