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XRP ETFs Soar to Record Inflows Amid Regulatory Hope

Guavy AI Editorial Team
Instruments
XRP
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XRP Exchange Traded Funds (ETFs) saw their best performance in August this year, gathering over $150 million in net inflows. This surpassed the previous high of $131.94 million recorded in May.

The funds' strongest performance came towards the end of the month, with a total of $110.49 million pulled in during the week ending August 28.

The CLARITY Act is set to be voted on by the Senate on September 15, which could address XRP's regulatory concerns and encourage institutional investors to join the market.

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