XRP Funds Gain Momentum as Bitcoin ETFs See Outflow
XRP funds attract investments while Bitcoin ETFs experience significant outflows.
The recent trend in cryptocurrency investment shows a clear divergence between XRP and Bitcoin-based products. According to the latest data, XRP funds have seen an influx of money, stacking up three consecutive wins. In contrast, Bitcoin Exchange-Traded Funds (ETFs) have experienced a substantial outflow of $282.6 million. This shift in investor sentiment may indicate growing confidence in XRP's potential for growth. The XRP/RLUSD price currently stands at 1.3509 RLUSD, with a 24-hour change of -1.89%. On-ledger volume remains strong, with 2,401,702 XRP traded in the past day. This development could have implications for the overall market dynamics and may be worth monitoring by XRPL traders.
Sources
BE BeInCryptobeincrypto.com YA Yahoo Finance
finance.yahoo.com
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