XRP ETF Inflows Break Through $1.566 Billion Amid Price Rebound

The cumulative net inflows for US spot XRP ETF have exceeded $1.566 billion as of August 24, setting a new all-time high. This marks a significant breakthrough in XRP ETF inflows, which had previously slowed down but accelerated significantly after August 18.

The recent capital performance of XRP ETF has shown marked improvement, with sustained inflows indicating growing investor demand for XRP. The simultaneous rise in ETF inflows and the price rebound of XRP from near $1 to approximately $1.70 before pulling back to around $1.50 due to profit-taking has further heightened market interest.

To participate in other ways to obtain long-term returns while focusing on the potential for price increases, investors are turning to EX DeFi cloud mining platform. The platform offers cloud mining services powered by sustainable green energy and allows users to select a hashrate contract that suits their needs.