XRP ETF Inflows Hit Record $1.7B Despite Price Weakness

XRP exchange-traded funds (ETFs) have broken their own record for cumulative net inflows, reaching $1.7 billion after a ninth consecutive week of positive flows.

The latest four-day trading week saw $18.98 million in net inflows, closely matching the previous week's $18.96 million.

Bitwise maintains its lead with $608 million in cumulative inflows, ahead of Canary Capital's XRPC at $490 million.

Analysts are divided on the implications, with some warning that profit-taking by whales and weaker network activity could support another move lower for XRP prices.