XRP ETFs See First Weekly Inflow of May, Bringing in $28.17 Million

XRP has seen its first weekly inflow in May, reaching $28.17 million in fresh capital.

The XRP ETFs have shown signs of recovery following a negative week, with institutional investors becoming more optimistic about the asset's future price potential.

This marks the highest weekly inflow recorded by the XRP ETFs so far this month, and comes after a period of consistently trading above $1.40.

Market watchers are now highly optimistic for a bigger price move in May, with some analysts predicting that XRP could hit the $2 mark before the month runs out.