XRP ETF Inflows Continue Despite Price Volatility
XRP's price has been boosted by fresh ETF inflows, which continued on September 23 with $18.04 million in new investments.
This brings cumulative net inflows across US spot XRP ETFs to about $1.75 billion, according to data from CoinGecko and the source itself.
Regulated products are continuing to attract capital even when XRP is volatile, with interest extending beyond crypto-native traders.
'The most asked about' during a presentation to roughly 400 wealth managers was XRP, said Bitwise research analyst Ryan Rasmussen, adding that there was 'a lot of interest.'
The near-term risk for XRP bulls is technical, as the token's price failed to break above $1.60, $1.65 this week and reversed sharply towards $1.48.