Cryptocurrency market trends have seen notable developments this week, with XRP emerging as a key player in investor interest.
Data from CoinGlass reveals that XRP-linked investment products recorded $8.88 million in inflows on Thursday, following similar figures of $18.52 million and $10.87 million on May 14 and 15. Over the past seven days, investors have put approximately $42 million into XRP-based funds.
This significant influx is a departure from Bitcoin ETFs, which saw outflows of $100.9 million in a single day, totaling $1.27 billion over the same period. Ether-focused investment products also experienced a $32.6 million outflow in the latest session.