XRP Funds See Weakest Inflow Month Since April

The XRP price has shown little movement despite significant inflows into US spot XRP funds. Between July 20 and 24, these funds pulled in $8.15 million, but the token still trades near its current price of $1.11.

This influx is part of a broader trend, with investors contributing roughly $12.4 million to these funds so far this month. However, this represents their weakest month since April, according to analyst Sam Daodu.

The same products took in significantly more capital during May and June, absorbing $131.94 million in May and another $59.46 million in June.