XRP ETFs Experience Slow Inflows
XRP-based exchange-traded funds (ETFs) continue to see slower inflows compared to other cryptocurrencies.
XRP-based exchange-traded funds (ETFs) have been growing in value, but at a slower pace than some other cryptocurrencies. According to recent data, XRP ETFs have reached a total value of $1.71 billion, but inflows are still below the $2 billion mark. This is in contrast to Solana ETFs, which have seen 12 consecutive weeks of inflows. The slow growth of XRP ETFs may be attributed to the fact that large investors are holding onto their tokens, despite a recent $5.15 million redemption. The XRP/RLUSD price remains relatively stable at 1.4061 RLUSD, with a 24-hour change of -0.18%. The steady performance of XRP ETFs and the cryptocurrency's price may be a positive sign for investors looking to diversify their portfolios.
Sources
YA Yahoo Financefinance.yahoo.com YA Yahoo Finance
finance.yahoo.com YA Yahoo Finance
finance.yahoo.com CR CryptoSlate
cryptoslate.com
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