XRP Price Slid as Bitwise Drives $11 Million ETF Inflows

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U.S. spot XRP ETFs drew $11.31 million in net inflows between October 5 and October 9, even as XRP fell from about $1.52 to $1.40 and briefly touched $1.32 on October 8. Bitwise supplied $10.55 million of the total, nearly carrying the result by itself, while Canary Capital recorded a $3.34 million outflow. ETF net assets stand at approximately $1.57 billion against roughly $1.8 billion in cumulative inflows since launch, leaving a gap of around $230 million. XRP was the only one of the bitcoin, ether, solana, and XRP fund groups to finish with net inflows, as U.S. bitcoin funds shed $681 million over the same week. The immediate support zone to defend is $1.32-$1.38, with resistance identified at $1.50-$1.56.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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