Franklin Templeton Buys XRP Despite Bearish Price Reversal

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Franklin Templeton’s XRP fund recorded $3.55 million in net inflows during Thursday’s October 23 trading session, equivalent to 2.71 million XRP. The fund dominated capital flows for the day, while other XRP ETFs attracted no new money. Persistent demand, despite slowing investment activity and market volatility, indicates continued investor interest in gaining exposure to XRP without holding it directly. This momentum could support bullish sentiment over time, but it does not guarantee an immediate price rebound amid bearish market sentiment and corrections in major crypto assets.

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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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