XRP ETF Flows Hit Monthly Low Amid Bearish Outlook
XRP funds pulled in $8.15 million between July 20 and July 24, but the token still trades near $1.11.
The inflows came across just two trading days, with Bitwise contributing $2.49 million on July 20 and Franklin Templeton's XRPZ fund adding $5.66 million the next session.
However, this surge in demand may be a last gasp of institutional interest, as analysts point to a bearish breakout if XRP falls below $1.