XRP ETF Inflows Hit Record High Amid Price Slump
The XRP ETF market has seen a significant surge in inflows, reaching a record $110.49 million in the past week alone.
This marks a turnaround from several months of low activity and heightened volatility in the market.
According to data compiled by SosoValue, daily capital inflows into XRP ETFs sharply increased, with new funds reaching over $28 million on August 26.
The price of XRP itself has failed to keep pace with the inflow momentum, declining by around 1% in the last 24 hours to trade at $1.37.