XRP ETFs Attract Record Inflows as Price Struggles

XRP-based exchange-traded funds (ETFs) have experienced substantial net inflows, surpassing other major cryptocurrency investment products. According to the latest data, XRP spot ETFs drew $7.44 million, while Ethereum and Bitcoin funds saw significant outflows.

This trend is seen as bullish for XRP, indicating that investors are increasing their exposure to the asset through specialized investment vehicles. However, despite this growing interest, XRP's price continues to struggle, trading near $1.11 after a recent breakdown from a multi-month consolidation pattern.