Ripple Sees XRP ETFs Pull In $170M as Institutions Build Their Positions
Ripple is down by close to 3% in a pullback that’s landing right as institutional money is doing the opposite of panicking.
Spot XRP ETFs have quietly become one of the more interesting flow stories in crypto this quarter, and the numbers behind that claim are worth unpacking before assuming this dip means anything structural.Seven U.S.
spot XRP ETFs now hold 994.74 million XRP, backed by cumulative net inflows approaching $1.51 billion as of mid-August. Weekly data showed the complex posting its best week since May, pulling in $39.78 million in net inflows, including an $18.38 million single-session print.
US Spot ETF Flows Sep 1 XRP: +$14.38M ETH: +$10.95M SOL: +$10.19M BTC: -$236.46M BTC funds saw net outflows while XRP, ETH and SOL ETFs all posted inflows a clear rotation signal despite the broader market being down 4% today.
This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.
Read Full Article at Source