Crypto
XRP ETFs Attract Record Net Investment of $15M in a Week
XRP exchange-traded funds (ETFs) saw significant inflows last week, totaling $15 million in net investment. This marks a notable increase for XRP ETFs, which have been gaining traction in recent times.
In contrast, Bitcoin ETFs experienced outflows of $0.6 million during the same period, while Solana ETFs saw a significant exit of $17 million. Notably, on July 30 and 31, investors poured $12.7 million into XRP ETFs.
The total net investment in XRP spot ETFs has now reached an impressive $775.5 million since their launch. This surge in interest highlights the growing confidence in XRP as a viable asset for institutional investors.