Institutional Buying Fuels Bitcoin and XRP ETF Inflows
Bitcoin and XRP are experiencing a surge in institutional demand, with the two assets being the only crypto ETFs to post positive inflows. According to recent data on ETF flow, Bitcoin saw net inflows of $32 million, while XRP managed to see a further $585,000 worth of inflows.
The renewed demand arrives as both assets continue trading near important technical levels, raising the question of whether institutional buying can extend the latest recovery. Large on-chain transactions above $100,000 have continued to rise, reinforcing the view that institutional investors are becoming more active.
XRP's price action is now testing a key ascending trendline resistance at around $1.09, while Bitcoin has continued building momentum toward the $65,000 resistance zone.