XRP ETF Inflows Hit All-Time High Amid Asset's Struggling Breakout Attempts

The spot XRP exchange-traded funds (ETFs) have continued to attract significant inflows, reaching an all-time high of $1.7 billion in cumulative net inflows.

This marks the ninth consecutive week that these funds have seen positive inflows, with a total of nearly $19 million being added during this period.

The underlying asset, XRP, has struggled to break through key resistance levels, including the $1.40 mark, which it attempted to breach in recent days.

Crypto analysts are divided on the short-term potential for XRP, with some warning of a possible decline due to whale profit-taking and decreased network activity, while others point to a historical pattern that led to a 600% surge.