Ripple XRP ETFs Reach New Heights Despite Sluggish Net Inflows

The Ripple (XRP) spot exchange-traded funds continue to perform well in uncertain market conditions, only experiencing one day of no reportable action over the past week.

July ended with a net inflow of $27.29 million, making it the second-worst month since the funds began trading, behind only January's $15.59 million.

Despite this, the cumulative total net inflows reached an all-time high of over $1.5 billion as of Friday's close, with Bitwise's XRP leading Canary Capital's XRPC in terms of net inflows at $511 million compared to $467 million.