Bitwise XRP ETF Attracts $10.8M Despite Token's Decline

The cryptocurrency market has been volatile lately, and one token that has seen its value decline is XRP. However, despite this slump, investors continue to show interest in the Bitwise XRP ETF.

According to recent data, the fund saw a net inflow of $10.81 million on April 20. This influx of fresh capital brings the fund's assets under management to $317.31 million, with a significant one-day flow of 3.41%.

The divergence between these ETF inflows and XRP's weak spot performance may suggest that some investors view the recent drawdown as an opportunity to buy in or position for XRP's potential recovery.