Despite the green week, the actual net inflows were not very impressive. After a brief deviation in which the spot XRP ETFs joined the broader crypto trend with more outflows than inflows, the trend has flipped once again, with the funds flashing green again. Unfortunately for the SOL fans, the landscape around the altcoin is rather different, as the Solana ETFs just recorded their third consecutive week in the red. XRP ETFs Back on Track CryptoPotato reported over the previous weekend that the exchange-traded funds tracking the performance of Ripple’s cross-border token recorded $1.84 million in net outflows during that week. This made it the first red week in three months. The start of the subsequent business week was not all that impressive, with the funds failing to attract any reportable action on Monday and Tuesday. Investors returned on Wednesday, with a minor net inflow of just under $710,000. This coincided with the underlying asset’s price surge to almost $1.40. Although XRP’s breakout attempt was halted on Thursday, the inflows actually continued. SoSoValue data shows that investors poured $3.55 million into the ETFs, which made it the best single-day performance since O...
XRP ETFs Resume Winning Streak While SOL Funds Stay in the Red
2 hours ago
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