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Guavy AI Editorial TeamSentiment: -2Clout: 62

Ripple ETF Demand Fizzles Out as XRP Price Takes Hit

The launch of the first XRP ETF three months ago was met with significant interest, with several products tracking the altcoin attracting large inflows.

However, since then, the demand for these funds has dwindled, with investors showing little enthusiasm for the underlying asset.

In fact, over a third of business days in the last two weeks had no reportable daily flows, with some ETFs experiencing net outflows.