XRP ETFs See Record Inflows Amid Price Weakness

U.S.-based investors have once again shown their appetite for XRP ETFs, injecting $3.45 million into the market just one day after a brief outflow.

The inflows were led by Bitwise and Franklin Templeton, which added $2.89 million and $561,560 respectively to their funds.

This comes as a surprise given XRP's recent price performance, with the token trading at $1.03, down 3.43% over the past seven days.

The divergence between ETF demand and XRP's price suggests that institutional investors are accumulating exposure despite short-term weakness.