XRP ETF Sees Fresh Inflows as Investors Bet on Long-Term Gains
Investors are doubling down on XRP despite a pause in its recent price rally. The Bitwise XRP ETF, which focuses on the altcoin, saw net inflows of $9,300,170 on September 10, bringing its assets under management to $498,828,000.
This influx represents about 1.86% of AUM and suggests that investors are positioning for further upside rather than exiting after recent gains.
The related asset, XRP-USD, has been trading around $1.3694 after a robust three-month climb of roughly 20.3%, indicating that the ETF's inflow is following, not front-running, the price trend.