XRP ETFs draw inflows as wallets surge

XRP-linked investment products attracted roughly $42 million in net inflows over the past week. This occurred even as U.S. spot bitcoin ETFs lost more than $1.4 billion and ether funds also shed assets. On-chain data showed a one-day spike of about 4,300 new XRP wallets.

XRP held near $1.37 by midday Hong Kong time on Thursday, according to CoinDesk market data. XRP-linked funds pulled in $8.88 million in the latest session. This extended a streak that included $18.52 million on May 14 and $10.87 million on May 15. Bitcoin hovered around $77,400 while ether remained under pressure.

Articoli correlati

Realistic illustration of XRP ETF inflows with trading charts and cryptocurrency elements for a news article.
Immagine generata dall'IA

XRP spot ETFs record largest inflows since January

Riportato dall'IA Immagine generata dall'IA

U.S. spot XRP exchange-traded funds attracted $25.8 million in net inflows on Monday, marking the biggest single-day total since early January. The surge lifted cumulative net inflows to a new all-time high of $1.35 billion. XRP traded at $1.47 after rising 1.2 percent over 24 hours.

U.S. spot XRP ETFs recorded net inflows of about $35 million from May 20 to May 29. Bitcoin and ether ETFs lost roughly $2 billion combined during the same period. The flows highlight diverging investor interest in the crypto market.

Riportato dall'IA

XRP dropped more than 5 percent in a single day to $1.40, even as exchange-traded funds saw record inflows and on-chain activity increased. Institutional signals point to growing interest, yet spot prices have not followed.

XRP retreated from recent gains as it consolidated near $1.41 following a cross-border tokenized U.S. Treasuries transaction on the XRP Ledger. The move occurred even as Ripple advanced institutional use cases with major partners.

Riportato dall'IA

Crypto exchange-traded products recorded $858 million in inflows last week. The figure extends a six-week streak that has now reached $4.9 billion in total.

Questo sito web utilizza i cookie

Utilizziamo i cookie per l'analisi per migliorare il nostro sito. Leggi la nostra politica sulla privacy per ulteriori informazioni.
Rifiuta