XRP ETFs Attract Record $157M Amid Price Dip
Spot XRP exchange-traded funds (ETFs) have seen a significant influx of $157 million in September, signaling potential investor interest despite XRP's price dip to around $1.38.
This inflow marks nine consecutive days of investment into Spot Ripple ETFs and represents strong demand for regulated exposure to the altcoin.
Whale investors remain divided on XRP's near-term direction, with some holding long positions and others shorting the asset due to uncertainty about its price trajectory.
To materialize a potential XRP supercycle, bulls need to maintain the price above $1.10, a key moving average crossover that could indicate support for the altcoin.