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XRP Demand Surges as $73.2M Flows into US Spot ETFs

Guavy AI Editorial Team
Instruments
XRP
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XRP demand has increased significantly in recent days due to $73.2 million in net inflows into US spot XRP ETFs during the week of August 24.

This marks a notable increase in buying interest in Ripple Coin, despite the XRP price facing pressure at the time, trading at around $1.37 with a 24-hour gain of 0.94%.

The rise in demand could potentially support the XRP price if the buying interest continues, but it's essential to note that ETF inflows alone do not guarantee an immediate price increase.

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