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XRP ETFs gain $1.43B inflows despite price drop; Ripple expands stablecoin RLUSD in Turkey.

Market News
02 Jun 2026
Benzinga
View Source
Neutral
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XRP ETFs have seen steady inflows totaling $1.43 billion in May, even as XRP's price dropped 2.5%. Meanwhile, Bitcoin ETFs experienced outflows exceeding $4 billion over four weeks. Ripple expanded its USD-backed stablecoin RLUSD into Turkey through partnerships with three local exchanges, tapping into the country's large crypto market. Ripple also partnered with Istanbul Technical University for blockchain research, signaling ongoing institutional support despite XRP's recent price challenges.

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