ETF Demand for XRP Hits $1.68 Billion as Price Remains Stagnant
XRP's performance is sending mixed signals to investors as its price remains stagnant while regulated investment products continue to attract significant demand.
The U.S. spot XRP ETFs have seen approximately $1.68 billion in cumulative net inflows, with 11 consecutive trading sessions of net inflows ending on September 2 with a modest $7.20 million outflow.
However, the reversal was short-lived as XRP ETFs returned to positive territory on September 3 with $6.14 million in fresh inflows, pushing cumulative net inflows to approximately $1.682 billion.
XRP remains below its August peak around $1.70, creating a notable divergence between resilient ETF demand and weaker price action.