XRP ETFs Reach $1.2 Billion in Assets Amid Steady Inflows
- XRP spot ETFs have consistently received daily inflows since their launch.
- Total assets under management in XRP ETFs have reached $1.2 billion.
- Canary’s XRP ETF leads with $335 million in assets, followed by 21shares and Grayscale with over $250 million and $220 million, respectively.
- The funds have collectively attracted $1 billion in net inflows, with 21shares gaining around $7 million recently.
- XRP is trading at approximately $1.9, down 9% over the past month due to market volatility.
Trading Analysis
Trading Signal: BEARISH (Score: -4)
XRP’s price decline amid strong ETF inflows suggests market-wide volatility impacting altcoins more than Bitcoin.
Price Levels:
Current: $1.9
Support: Not mentioned | Resistance: Not mentioned
Recent Range: Not specified
Catalysts & Timeline:
• Potential cooling period in crypto market expected in 2026
Risk Assessment:
• Market-wide volatility affecting altcoins like XRP more significantly than Bitcoin
XRP exchange-traded funds have amassed $1.2 billion in assets through consistent daily inflows, despite a recent price decline of approximately 9% amid ongoing market volatility. The trading outlook for XRP remains bearish given current conditions.
Source (3.2)https://cryptobriefing.com/xrp-etf-inflows-asset-growth/?rand=59535
