XRP News Today: XRP ETF Inflows Surpass Bitcoin Withdrawals Amid Changing Institutional Investment
- XRP ETFs absorbed 80M tokens in 24 hours, driven by institutional/retail demand, pushing AUM to $778M and outpacing Bitcoin outflows. - Grayscale's GXRP and Franklin Templeton's XRPZ led with $67.4M and $62.6M inflows, capitalizing on Ripple's $125M SEC settlement enabling spot ETFs. - ETFs pressured XRP's circulating supply, signaling confidence in its cross-border payment utility while technical indicators show cautious price recovery potential. - Market divides persist between ETF liquidity and direct
In just one day, XRP ETFs have accumulated close to 80 million tokens, reflecting a notable increase in both institutional and retail interest that is transforming the altcoin’s market landscape. These swift inflows have driven total assets under management (AUM) to $778 million,
Regulatory developments have played a pivotal role.
Investors remain split on the best way to gain exposure. While ETFs provide ease of access and liquidity,
With XRP ETFs gaining momentum, the altcoin’s price direction will depend on continued inflows and overall market sentiment. As regulatory barriers diminish and institutional involvement grows, XRP’s strengths—like fast, low-cost transactions—could help it secure a leading role in the changing crypto environment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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