XRP ETFs Continue Streak of Positive Inflows Amid Bitcoin Outflows
XRP ETFs continued their streak of positive inflows in recent days, with $12.29 million pouring in. Bitwise's XRP fund saw a significant increase of $9.30 million, while Grayscale's GXRP added $2.98 million to its net asset value.
The total trading value for XRP ETFs reached $23.58 million, and the net asset value closed at $1.51 billion. This marks the 30th day in a row that XRP ETFs have seen net inflows, with a total of $185 million flowing into these funds over this period.
Ripple CEO Brad Garlinghouse previously highlighted this streak on his platform X, noting that it coincided with outflows from Bitcoin and Ether products. The price of XRP remains steady at around the $1.40 mark.