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Zero Net Inflows All Week: Ripple (XRP) ETFs Lose Investor Momentum


Zero Net Inflows All Week: Ripple (XRP) ETFs Lose Investor Momentum

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US spot XRP ETFs have seen zero net inflows for over one whole week, signaling evaporating demand and weaker institutional/fundraising appetite for the ETF product. XRP token posted weekly gains but the rally stalled at $1.45, capping near-term price upside and implying mixed adoption and market impact for crypto investors (crypto, ETF, token, inflows, price, adoption).

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The demand for the spot XRP ETFs in the United States has seemingly evaporated as the funds have not seen a single day of net inflows for over one whole week.

Nevertheless, the underlying token managed to post some gains over the past week before it was halted at $1.45.

Read the article at CryptoPotato

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In This News

Coins

$ 1.17

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