XRP ETFs net $1.8 billion in 13 weeks, price lags despite Wall Street inflows

Ripple Labs, a blockchain payments company recognized for its fast, low-cost cross-border payment solutions, has seen its native token, XRP, attract significant institutional interest on Wall Street. Over the past thirteen weeks, XRP-powered exchange-traded funds (ETFs) accumulated a cumulative net inflow of $1.8 billion, according to data from analytics firm SoSoValue. ETF trading data reflected a steady, sustained appetite for XRP among institutional investors. The three leading funds—Bitwise, Franklin Templeton, and Canary Capital—have driven this positive momentum during a 13-week streak of net inflows. Bitwise’s XRP-linked ETF remains the market leader, having attracted $688.48 million in inflows to date.

Source: CoinTurk News