XRP ETFs have absorbed nearly a billion dollars in 18 days, but the price still gives an important warning signal The most unusual trend in the crypto market this month is not the movement of the price of Bitcoin, but the mechanics of the flows of XRP exchange-traded funds (ETFs). Over 18 consecutive trading sessions, the four products absorbed steady demand, accumulating roughly $954 million in inflows without a single outflow since launch. The streak stands out amid a volatile crypto market, where Bitcoin and Ethereum ETFs have seen significant redemptions. It also signals the emergence of a buyer base that behaves very differently from the traders who typically manage XRP's liquidity cycles.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
XRP ETFs have absorbed nearly a billion dollars in 18 days, but the price still gives an important warning signal The most unusual trend in the crypto market this month is not the movement of the price of Bitcoin, but the mechanics of the flows of XRP exchange-traded funds (ETFs). Over 18 consecutive trading sessions, the four products absorbed steady demand, accumulating roughly $954 million in inflows without a single outflow since launch. The streak stands out amid a volatile crypto market, where Bitcoin and Ethereum ETFs have seen significant redemptions. It also signals the emergence of a buyer base that behaves very differently from the traders who typically manage XRP's liquidity cycles.
$XRP