XRP ETFs Log 12 Straight Weeks of Inflows, Then XRP Slips to $1.45
- —XRP ETFs drew $3.14 million on Oct. 6: Bitwise +$10.55M, Franklin -$4.07M
- —Weekly inflows into U.S. XRP ETFs have now run 12 straight weeks
- —Cumulative inflows of $1.794B vs $1.697B NAV leave investors $97M underwater
- —On Oct. 7 XRP fell from $1.52 to $1.46 as $412M was liquidated in an hour
Why it matters: Evernorth's XRPN listing around Oct. 12 offers institutions a second listed route into XRP and a fresh test of demand.
Source: Bitcoin.com
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