XRP ETFs Soar as Price Reaches Seven-Month High

Spot XRP exchange-traded funds (ETFs) saw record-breaking inflows last week, totaling $1.55 billion, as the price of XRP surged by 70% in just under 72 hours to $1.70, its highest level in seven months.

The sharp increase in XRP's price coincided with a broader altcoin market rally and was driven by strong demand late in the week, with nearly $40 million flowing into the funds.

Institutional interest remains high, with major ETF providers like Bitwise, Canary Capital, and Franklin Templeton holding most of the capital.