XRP ETFs See Largest Weekly Inflow Since Launch
XRP ETFs have experienced a significant surge in demand over the past week, with $110.49 million pouring into the funds. This influx of fresh capital marks the highest weekly inflow recorded so far this year.
The XRP ETF market had been experiencing extreme volatility and low inflows for several months prior to this recent turnaround. However, the latest data from SosoValue indicates that large amounts of new capital are now flooding into the funds.
This recovery in demand comes after a significant price breakout, with XRP trading at $1.37 following its recent rally. Despite some modest price decline over the last day, market participants remain hopeful that sustained momentum in the ETF market will trigger a resumption of the XRP price rally soon.