XRP Surges on Record ETF Inflows and New Passive Income Feature

XRP has surged by over 6% in value after record-breaking U.S. spot XRP ETF inflows and the introduction of a new passive income feature.

The inflows, totaling $1.66 billion, have surpassed previous records with Bitwise's product reaching over $500 million in assets under management.

Uphold will offer its 'Earn on XRP' regulated feature, affecting approximately 1.62 billion XRP tokens and providing new yield opportunities for users.

The price of XRP is currently trading above all major moving averages, indicating a strong technical backdrop with bullish signals.