Guavy AI Editorial TeamSentiment: -2Clout: 85

XRP ETP Inflows Reach $120 Million Amid Weak Retail Sentiment

The XRP ETP market has experienced a surge in institutional inflows, reaching a milestone of $120 million last week.

According to data shared by Neil Tolbert, this amount accounted for more than half of the total $224 million that entered crypto investment products during the same period.

The figures suggest steady interest from larger investors, with notable firms like Bitwise and Grayscale leading in activity. Other institutions, including Canary Capital and Franklin Templeton, are also contributing to the overall flow.

Meanwhile, retail sentiment is weak, with data from Santiment showing that fear, uncertainty, and doubt around XRP have reached one of the highest levels seen in the past two years.

This shift comes after a long stretch of price decline, with XRP losing around 63% over the last nine months. Historically, this type of mood has often appeared near turning points, where markets sometimes move in the opposite direction.