XRP ETFs Struggle with Meager Inflows Amid Price Volatility
XRP ETFs have been stuck in a rut, with minor inflows and little movement over the past couple of weeks.
The five-day trading period ended in the green, but the actual numbers show a minor inflow of $2.25 million, which is significantly lower than the $20 million weekly seen in late June and $60 million in mid-May.
One day saw significant action on Thursday, with all $2.25 million entering the fund, while the rest of the business week showed no reportable action, with SoSoValue showing $0.00 against each of those days.
The cumulative total net inflows have remained at just over $1.51 billion, with little to no movement over the past couple of weeks.
Despite this lack of interest, several large US institutions, such as Morgan Stanley, have revealed significant exposure to XRP through ETFs in recent days.