XRP ETFs draw $5.1 million as bitcoin funds lose $282.6 million
- —US bitcoin ETFs lost $282.6 million on Sept 10, a third straight day of outflows
- —XRP ETFs drew $5.1 million, extending their inflow streak
- —Seven XRP ETFs hold about 1.1 billion XRP, 1.13% of supply, assets around $2 billion
- —In late August XRP ETFs drew $110.49 million in a week, cumulative inflows $1.66 billion
Why it matters: The flow divergence shows persistent institutional demand for XRP; a break above $1.40 opens the way to $1.60, while losing $1.30 is a bearish signal.
Source: Coinpaper