XRP Tumbles 20%, but ETF Inflows Remain Resilient
XRP is currently trading near a critical support zone of $1.31 to $1.38, following a 20% decline from its August high of $1.70.
Despite this price correction, institutional interest remains resilient, with U.S. spot XRP exchange-traded funds recording their 11th consecutive session of net inflows on Tuesday, adding $14.38 million to the total.
The funds have accumulated roughly $170 million in net inflows since August 18 and have pulled in a total of $1.68 billion since launch.
Franklin Templeton's XRPZ led Tuesday's activity with $6.63 million in inflows, followed by Grayscale's GXRP with $4.72 million, and Canary's XRPC with $3.03 million.