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Crypto

XRP Price Stalls Despite Record-Setting Institutional Demand

Guavy AI Editorial Team
Instruments
XRP
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The XRP price has stalled at around $1.10 despite significant weekly ETF net inflows of over $8 million, according to data from SoSoValue.

This institutional demand is evident in Franklin Templeton's XRPZ, which led with $5.66 million in inflows and lifted its cumulative total to over $421 million.

The total assets across XRP spot ETFs now stand at $997 million, representing about 1.46% of the token's total market capitalization.

The steady accumulation by institutions is a testament to their confidence in the asset, but it remains unclear whether this will translate into a sustained price breakout for XRP.

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