XRP Demand Surges Amid Pressure as $73.2 Million in Net Inflows Enter Market

XRP demand has increased significantly as $73.2 million worth of XRP exposure was added through US spot ETFs during the week of August 24, according to data shared by Ali Charts.

This is a notable increase in demand for the asset via regulated investment products, despite the XRP price facing pressure in the market at the time.

The rise in ETF demand could support the XRP price if the buying interest continues, as it would improve market valuation by increasing the number of buyers willing to gain exposure to the asset.