XRP ETF Inflows Top $1.55 Billion as Institutional Interest Rebounds
Cumulative net inflows into US spot XRP ETFs have surpassed $1.55 billion, according to recent data.
This marks a significant milestone for institutional interest in XRP, with single-day net inflows reaching approximately $18.38 million on August 21st.
The surge in ETF inflows has contributed to a rebound in XRP's price, which has reached as high as $1.70 per token.
In response to this trend, an increasing number of investors are turning to cloud mining platforms like EX DeFi to explore diversified revenue streams and reduce their reliance on price appreciation.