XRP slips below $1.50, but ETF inflows persist as Evernorth completes SPAC merger
- —XRP dropped over 7% on the week, breaking below $1.50
- —XRP ETFs see net inflows while BTC and ETH ETFs record outflows
- —XRP ETFs logged $67 million in daily trading volume
- —Evernorth closed its SPAC merger with Armada II: 473M XRP and $300M
Why it matters: Sustained XRP ETF inflows during a market selloff signal strategic institutional positioning and could position XRP to lead a recovery if sentiment turns bullish.
Source: AMBCrypto