XRP ETFs draw inflows as wallets surge

Kiswahili

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.

Makala yanayohusiana

Realistic illustration of XRP ETF inflows with trading charts and cryptocurrency elements for a news article.
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