XRP exchange-traded funds (ETFs) attracted $27.29 million in net inflows in July, marking their fourth consecutive month of gains, even as XRP's price fell about 40% since January to around $1.08. Institutional interest remains strong, with cumulative XRP ETF inflows nearing $1.5 billion, the highest among altcoins. However, the price decline is partly due to large insider sales and broader market weakness. Bitcoin and Ethereum ETFs continue to dominate inflows, pulling in $172 million and $365 million respectively in July. The sustained ETF demand indicates ongoing institutional appetite for XRP, though price recovery may depend on the overall altcoin market stabilizing first.
David Schwartz, Ripple's CTO emeritus, highlighted that increasing use of the XRP Ledger (XRPL) could drive higher demand for XRP due to its unique roles in liquidity, trading, and transaction fees. He emphasized XRP's advantages, such as acting as a...
XRP's price increased by 2.33% within one hour, reaching $1.31 on Binance's XRP/USDT spot market as of 9:50 a.m. ET on Nov. 4. Over the past 24 hours, XRP gained 2.67%, with the price moving from $1.28 to $1.31 in the last hour. During this period, $...
Ripple is expanding its RLUSD stablecoin to enhance liquidity and increase XRP usage across its ecosystem, routing payments based on the payment corridor and currency pair. CEO Brad Garlinghouse emphasized XRP remains the company's priority, with hal...
In the latest 24-hour crypto flow data, Bitcoin (BTC) attracted the largest net inflow of approximately $125 million, signaling strong investor interest. Meanwhile, USD Coin (USDC) experienced the biggest net outflow at nearly $73 million, indicating...
In the latest 24-hour cryptocurrency flow data, Bitcoin (BTC) recorded net inflows of approximately $125 million, driven by $2.75 billion in inflows against $2.63 billion in outflows. Ethereum (ETH), USDC, USDT, and XRP experienced net outflows, with...
