XRP ETFs see $11.3 million inflow over 13 weeks as Bitcoin, Ethereum funds drop

U.S. spot XRP exchange-traded funds (ETFs) extended their streak of positive net inflows to 13 consecutive weeks, collecting approximately $11.3 million between October 5 and October 9. This continued interest came as XRP’s price declined more than 7% over the same period. While demand for regulated XRP investment products climbed, the cryptocurrency’s market price experienced notable volatility. XRP fell from around $1.52 to $1.40, with a low point of $1.32 during the week. Meanwhile, cumulative ETF inflows for XRP approached $1.8 billion, underlining a growing divergence between investor flows into regulated vehicles and the cryptocurrency’s immediate price trends.

Source: CoinTurk News