XRP ETFs see weakest weekly inflow since May amid rising price volatility and price retesting $1.0.
XRP ETFs recorded their lowest weekly inflow since early May, attracting only $2.62 million in fresh capital as institutional interest slows amid increased market volatility. Despite this dip, XRP ETFs still outperform Bitcoin and Ethereum ETFs in inflows, with cumulative net inflows reaching $1.43 billion. Meanwhile, XRP's price has retested the $1.0 level, a price not seen in two years, reflecting significant selloffs. Analysts remain hopeful that sustained institutional interest in XRP ETFs could support a price recovery soon.
XRP ETFs recorded their lowest weekly inflow since early May, attracting only $2.62 million in fresh capital as institutional interest slows amid increased market volatility. Despite this dip, XRP ETFs still outperform Bitcoin and Ethereum ETFs in inflows, with cumulative net inflows reaching $1.43 billion. Meanwhile, XRP's price has retested the $1.0 level, a price not seen in two years, reflecting significant selloffs. Analysts remain hopeful that sustained institutional interest in XRP ETFs could support a price recovery soon.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
