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Why Isn’t XRP Rising? 13 Weeks of ETF Inflows Haven’t Moved the Price

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Why Isn’t XRP Rising? 13 Weeks of ETF Inflows Haven’t Moved the Price

US spot XRP exchange-traded funds (ETFs) drew about $740,000 in net inflows on October 14. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Hyperliquid (HYPE) funds lost nearly $400 million combined that day. The inflow kept XRP funds positive so far this week as the token continued declining. Large holders, meanwhile, are moving more XRP onto The post Why Isn’t XRP Rising? 13 Weeks of ETF Inflows Haven’t Moved the Price appeared first on BeInCrypto.

Key Takeaways

  1. US spot XRP exchange-traded funds (ETFs) drew about $740,000 in net inflows on October 14.
  2. Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Hyperliquid (HYPE) funds lost nearly $400 million combined that day.
  3. The inflow kept XRP funds positive so far this week as the token continued declining.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.