Trading News XRPI rose 0.072% to $6.98 and XRPR 0.09% to $10.61 after both gave back opening gains as XRP held $1.312 | That's TradingNEWS
- First-mover XRP ETFs (XRPI and XRPR) are trading significantly below their highs due to high fees and structural disadvantages compared to newer, lower-cost spot XRP ETFs.
- The article highlights the fee battle, with XRPI at 1.68% and XRPR at 0.75% significantly higher than spot products like Franklin's XRPZ at 0.19%, leading to investor preference for the latter.
- Recent outflows from spot XRP ETFs and broader crypto market pressures, coupled with XRP's price decline and supply concerns, indicate a bearish outlook for these older funds, favoring spot alternatives for long-term holders.
Topics: Asset types, Institutional adoption, Scalability, Financial instruments, Asset manager initiatives, Market depth liquidity
Tags: #xrpi #xrpr #xrp #spotetfs #expenseratios #futuresbasedetf #tokenizedassets #xrpledger #ripple #fundflows