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06/23 14:50Alcista

XRP ETFs Stand Alone as the Only Crypto Funds to

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XRP ETFs Stand Alone as the Only Crypto Funds to Start the New Week with Inflows XRP ETFs emerged as the only spot crypto funds in the United States to begin the new week with inflows, as Bitcoin and Ethereum record massive outflows. Specifically, the XRP ETF products pulled in over $5 million worth of capital flows on Monday. While this represents a mild inflow, it places the funds in the most bullish position, as other crypto ETFs either saw outflows or zero flows. This is according to data sourced by Sosovalue, a leading crypto market analytics platform. Notably, on Monday, June 22, XRP ETFs recorded exactly 4.68 million XRP ($5.31 million) in capital inflows, representing their largest intraday record since June 9.  The latest performance begins the new week on a bullish note for these funds and builds on what appears to be a consistently strong showing since the start of the month. After enduring a $5.34 million outflow on June 3, these ETFs have maintained a positive streak throughout July, now going 12 days strong without any outflow. While the inflow figures have been rather mild, ranging from $1.19 million to $7.4 million, XRP’s ability to sustain a positive streak on its ETF products during the ongoing downtrend confirms the funds’ resilience, especially considering other crypto ETFs have seen massive losses within the same period.

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