Crypto
$XRP ETF Sees Fresh Inflows Amid Price Drop
Franklin Templeton's XRP exchange-traded fund (ETF), known as XRPZ, has attracted another wave of fresh investor demand. According to recent fund-flow data, XRPZ pulled in roughly $3.5 million in net inflows on September 16.
This influx of capital brings the total net inflows for XRPZ to around $483 million since its inception.
The recent surge in interest comes despite a significant price drop for XRP over the past week, with the token plummeting by approximately 10% after the US Senate failed to advance the CLARITY Act on September 15.