XRP ETF Reaches $1.59B Milestone Amid Price Decline
The XRP ETF News has reported a significant milestone in its cumulative net inflows, reaching approximately $1.59 billion. This figure represents the total amount of capital that has entered the fund since it began trading.
This achievement is notable despite XRP's recent price decline of 6.23% over 24 hours, which saw the token trade near $1.38 according to Decrypt. The contrast between the historical subscriptions and the current market value highlights the difference in time horizons.
The Apeing project has also reported a significant interest in its pre-launch whitelist, with over 12,000 people having registered for it. While this is an encouraging sign for the project's potential success, it remains to be seen how this will translate into actual token accumulation and liquidity upon launch.