XRP ETFs Draw in $153M as Bulls Hold On to Super Cycle Hopes

XRP's supercycle may still be alive despite the altcoin's price correction. Spot XRP ETFs have attracted $153 million in just nine days, with a total of $157 million inflowing this month.

The largest single-day inflow was $28.14 million, and the products have collectively brought in 1.63% of XRP's circulating supply.

However, whale positioning is divided, with some long and others short on the token. One whale is sitting on an unrealized profit of over 18% after buying 35 million XRP at $0.9364 with 10x leverage.

To trigger a supercycle, bulls must keep XRP above the MA Cross at $1.10. The current correction may be a pause before the continuation of the rally.