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Crypto

XRP Price Rises on ETF Inflows and Tokenized Fund Launch

Guavy AI Editorial Team
Instruments
XRP
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XRP's price has risen due to ETF inflows and Aviva Investors' tokenized fund launch on the XRP Ledger.

The US spot XRP exchange-traded funds recorded $584,000 in net inflows on July 29, marking a return to positive territory after three days of outflows.

Institutional adoption has received a boost from Aviva Investors, which is launching a tokenized share class of its USD Liquidity Fund on the XRP Ledger for eligible investors using crypto wallets.

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