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XRP Price Rises to $1.60 as Bulls Maintain Grip

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XRP
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XRP's price continues to rise, trading near $1.60 on Friday as bulls maintain their grip on the remittance token.

The US-listed spot XRP ETFs have seen inflows for three straight days, with approximately $15 million entering the market on Thursday, down slightly from Wednesday and Tuesday's totals of $18 million and $20 million, respectively. Cumulatively, the total is around $53 million through Thursday.

The steady interest among institutional investors cushions against spot-market headwinds, increasing the odds of an extended breakout.

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