XRP ETF Inflows Hit Record High Amid Price Volatility
The net inflows into XRP spot ETFs have reached an all-time high of $1.637 billion, indicating continued institutional demand for the token despite its recent price decline.
This significant influx has led to a divergence between the ETF's performance and the spot market, with daily inflows reaching as much as $18.47 million on August 27, while XRP's price fell.
XRP's current market performance is influenced by multiple factors, including ETF flows, whale activity, on-chain capital movements, and overall crypto market sentiment.
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