Ripple Price Holds Below $1 Amid Strong Institutional Demand
Ripple's price remains under $1 despite attracting significant ETF inflows, according to recent data from Economies.com.
The US-listed spot XRP exchange-traded funds have continued to draw in institutional investors, with net inflows totaling $2.25 million through Thursday.
This marks the fifth consecutive week of positive flows for these funds, indicating that institutional investor interest remains strong despite the ongoing correction in XRP's price.
CryptoQuant data shows that XRP whales are quietly building their positions, suggesting a noticeable improvement in XRP's risk-reward profile and potentially indicating that the market is approaching the final stages of its bearish cycle.