XRP ETF Inflows Soar to $1.73 Billion Amid Price Drop

A recent surge in XRP ETF inflows indicates institutional interest in the asset despite its current price drop. According to crypto analyst X Finance Bull, spot XRP ETFs have gathered $61.87 million in September alone, bringing the total net inflows to $1.73 billion.

The discrepancy between ETF interest and spot price performance is a notable aspect of the XRP story. While the token's price has fallen 7.32% over the last 24 hours, investors continue to invest in XRP products.

Crypto analyst CRYPTOWZRD notes that XRP is currently trading below the resistance level at $1.5300 and suggests that gaining back this barrier may help change the short-term chart's structure positively.