XRP ETFs Attract $12.5M in Weekly Inflows as Bitcoin and Ethereum ETFs Bleed
Share:
XRP investment products attracted nearly $12.57M in net inflows over the past week, including $8.88M on May 21 and prior inflows of $18.52M on May 14 and $10.87M on May 15, while U.S. spot Bitcoin ETFs recorded $100.9M of outflows in the latest session. Wallet creation jumped by 4,300 in one day (the fourth-largest spike this year), indicating growing crypto adoption and token interest, but XRP price broke below triangle support after failing to clear resistance near $1.54, signaling technical downside risk.
Predictions Markets
See what traders are focused on
- XRP funds pulled in nearly $12.57M in weekly inflows as Bitcoin and Ethereum funds bled.
- Wallet creation jumped by 4,300 in one day, marking the fourth-largest spike this year.
- XRP broke below triangle support after failing to clear resistance near $1.54.
XRP investment products continued attracting fresh capital this week, even as Bitcoin and Ethereum funds recorded heavy outflows.
SoSoValue data showed that XRP investment products recorded $8.88 million in net inflows yesterday, May 21. The gains extended a six-day positive streak that included $18.52 million on May 14 and $10.87 million on May 15. Over the past week, XRP products attracted nearly $12.57 million in net inflows.
Meanwhile, U.S. spot Bitcoin exchange-traded funds continued bleeding capital. Bitcoin ETFs posted another $100.9 million in outflows in the latest session after re…
Read The Full Article XRP ETFs Attract $12.5M in Weekly Inflows as Bitcoin and Ethereum ETFs Bleed On Coin Edition.
Read More
Bitcoin Dominance on the Rise Again as BTC Tapped 15-Week Peak Above $81K: Market Watch
