XRP ETF Inflows Surge to $38M, Price Remains Steady

The XRP ETF has seen a significant increase in inflows, reaching $38 million and totaling $1.7 billion in assets. This surge in investment likely indicates growing interest in the cryptocurrency. Despite this, the XRP price remains stagnant, unable to break through the $1.60 barrier. The recent rejection at this level may be a sign of selling pressure taking hold. Major cryptocurrencies are experiencing a downturn in value, with XRP's rally meeting resistance at $1.60. This could have implications for XRP/RLUSD prices, which currently sit at 1.5646 RLUSD, up 2.14% over the past 24 hours.