Ripple ETFs Defy Crypto Slump With Another Green Week but XRP Price Sinks

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XRP ETFs recorded net inflows of $11.31 million last week, pushing their cumulative total to a new all-time high of $1.8 billion, marking their thirteenth consecutive week of positive flows. This performance sharply contrasts with Bitcoin ETFs, which saw net outflows of $681 million, and Ethereum ETFs with $542 million in net outflows. Despite this institutional demand, XRP price fell from above $1.51 to a three-week low of $1.32 before recovering to $1.40, representing a 7% weekly decline. Bitwise’s XRP ETF remains the market leader with cumulative inflows of nearly $688 million, followed by Franklin Templeton’s XRPZ at $509 million and Canary Capital’s XRPC at $487 million. Despite this correction, analysts remain bullish on XRP, even if it drops to $1.20.

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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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