XRP Price Volatility: ETF Inflows Spark Market Optimism
XRP's price has dropped by 1.25% over the last 24 hours to $1.47, but this is seen as a minor pullback against the backdrop of significant ETF inflows.
Cumulative net inflows into U.S. spot XRP ETFs have reached $1.51 billion, with total net assets sitting between $940 million.
Recent flow data shows that inflows rebounded to about $18 million on Friday, led by Bitwise, Grayscale, and Franklin, marking a recovery from the previous week's collapse of 93% to just $1.01 million in August.
The question remains whether this represents durable institutional conviction or if it masks week-to-week fatigue.