XRP ETF Inflows Slow Down as 8-Week Winning Streak Continues
The Ripple (XRP) ETFs have posted an eighth consecutive weekly gain. This is according to recent data, which shows that despite the positive trend, the inflows into these funds have slowed down significantly.
Last week saw larger inflows of $19 million. However, this time around the figure was lower at almost $19 million. A Friday no-inflow day also occurred for the first time in roughly three weeks, sparking concerns about sustained demand.
The XRP token and broader crypto adoption momentum may be affected by these developments. The slowdown in inflows could indicate that investors are losing interest or have reduced their appetite for XRP ETFs.