XRP ETFs draw $26.2 million in daily inflows, extend streak to 9 days
Covered by 2 sources · 2 articles
Spot XRP exchange-traded funds recorded their ninth consecutive day of inflows, pulling in $26.2 million on the latest day. The sustained buying pressure has accumulated significant capital into these products over the tracking period, with conflicting totals reported across sources - one tracking $725 million in nine-day inflows and another citing $1.6 billion in cumulative net inflows. The inflows have persisted despite XRP's price momentum slowing, suggesting institutional participation independent of near-term price action.
- Nine-day inflow streak demonstrates sustained institutional interest in XRP through ETF vehicles, regardless of current price weakness.
- Significant capital accumulation into spot XRP funds signals conviction among institutional investors despite softer market conditions.
- The disconnect between steady inflows and cooling price action suggests different drivers of institutional versus retail demand.
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XRP ETFs draw $26.2 million in daily inflows, extend streak to 9 days
🚨 Spot XRP ETFs bring in $26.2 million and notch a ninth consecutive day of inflows. ✨ Over $725 million has entered spot XRP funds in the last nine days, despite a weak price trend. 💼 Institutional investors led by Goldman Sachs now domi…
XRP ETFs Extend Inflow Streak to 9 Days, Pulling In $1.6 Billion Since Launch
Spot XRP funds have drawn inflows for nine straight days, reaching $1.6 billion in cumulative net inflows even as the token's price cools.