XRP ETFs Smash All-Time High in Net Inflows as Underlying Asset Struggles

XRP ETFs have reached another all-time high in net inflows, totaling $1.7 billion, as they attract nearly $19 million for the ninth consecutive week.

The cumulative total of net inflows has also hit an all-time high, with Bitwise's XRP fund leading the way and surpassing $500 million in assets.

Despite this, the underlying asset XRP continues to struggle to break through key resistance levels, having been rejected at $1.70 in mid-August and again at $1.40 in recent days.

Crypto analysts are split on its short-term potential, with some warning of a possible decline due to whale activity and others predicting a 600% surge based on historical patterns.