XRP exchange-traded funds (ETFs) have seen over $10 million in net inflows last week, reaching a cumulative $1.44 billion since their launch, despite a general market trend of outflows in Bitcoin, Ethereum, and Solana ETFs. This indicates sustained institutional interest in XRP-backed products even as the broader crypto market faces caution. However, XRP's price remains subdued, showing a disconnect between ETF inflows and spot market performance. Analysts suggest this could be a temporary lag or signal potential future price movements, with some forecasting a rebound in the longer term.
XRP is approaching a breakout level at $1.20, driven by increased inflows on the Upbit exchange. These inflows are at their highest share since May 2024, indicating growing investor demand. This surge could lead to further price gains if buying momen...
Despite $1.44 billion in inflows into seven U.S. spot XRP ETFs, XRP's price remains low due to unresolved legal classification. ETFs have provided institutional access by simplifying buying and custody, but they cannot resolve the fundamental legal s...
After a sharp decline below the 50-day EMA and key support at $1.32, XRP has made its strongest recovery attempt, rising from lows near $1.08 to around $1.20. Technical indicators like the RSI suggest selling pressure is easing, and on-chain activity...
XRP whale-to-exchange transactions on Binance have plunged over 98% in three days, falling from 33,704 on June 12 to 554 by June 15. This sharp decline suggests reduced selling pressure from large holders, which may help XRP stabilize as it attempts ...
Bitcoin surged to nearly $65,844, its highest in two weeks, after the US and Iran agreed to reopen the Strait of Hormuz, easing long-standing energy supply concerns. This deal caused Brent crude oil prices to drop over 4%, reducing inflation pressure...
