XRPETF Demand Continues Despite October Seasonality Challenges
XRPUSD has been seeing steady demand from U.S. spot XRP ETFs, with $1.79B in net inflows over the past 11 weeks, including an additional $75M added last week.
The current price is around $1.48 after reaching an intraweek high of $1.62.
Rising open interest and positive funding rates indicate increasing momentum for XRPUSD futures traders.
However, historical seasonality suggests that October has often been a weaker month for XRP.