XRP Futures Contracts Hit Six-Month High Amid Growing ETF Investment

The total value of XRP futures contracts has reached its highest level in six months, as of September 15. The data shows that the value of these contracts had been increasing steadily over the past few days.

The growth in XRP futures contracts coincides with a significant influx of net investment into US-based XRP exchange-traded funds (ETFs). According to reports, $18.96 million has flowed into these ETFs.

This surge in investment has helped boost the total value of XRP ETF holdings to a new high of $1.48 billion.