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XRP ETF Inflows Surge, Price Stabilizes Around $1.56

Guavy AI Editorial Team
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XRP
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XRP has seen a surge in recent trading activity, with its price hovering around $1.56 on market trackers.

Cumulative net inflows into XRP-linked exchange-traded funds (ETFs) have risen to about $1.62 billion by August 26, according to Yahoo Finance.

A sharp increase in new XRP wallets and ledger activity has also been observed, with CoinDesk reporting a one-day spike of roughly 4,300 new XRP wallets in May.

Analysts have linked the inflows to increased institutional access, with AltcoinBuzz recording large weekly and cumulative inflows into US spot XRP ETFs during the summer.

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