XRP ETF Inflows Resume After Brief Freeze
The XRP ETFs experienced a significant inflow of $75.6 million over four consecutive days, indicating a possible revival in demand for the asset.
However, this influx represents only about 4% of the total fund assets, which stood at around $1.77 billion as of September 25.
This means that many holders still remain underwater on their investments, with the cumulative inflow exceeding the total net assets by about $20 million.
The recent events surrounding XRP, including a major hack and an upcoming protocol upgrade, may have driven short-term positioning into regulated ETF funds.
The freeze in XRP ETF inflows appears to be over, but demand remains uncertain, with many holders still struggling to recover their investments.