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Altcoins & DeFi

XRP ETFs buck Bitcoin and Ethereum outflows – Can price follow?

Image: AMBCrypto

US spot Ripple [XRP] ETFs showed signs of renewed investor interest last week. For 13 weeks, the flows were positive until a week ago when investors withdrew $1.84 million. However, for the first time since then, they added $4.25 million last week. The fact that there was money flowing back into the funds. This is despite Bitcoin [BTC], Ethereum [ETH], and Solana [SOL] ETFs recorded net outflows. This is interesting because it seems to indicate that some investors were willing to buy again after their brief pause. The XRP ETF net asset value currently stands at nearly $1.5 billion, indicating a strong foundation of investors who invest in XRP. However, the most recent additions remain modest relative to that total.

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