Markets· ★★★· bearish·

XRP ETFs Extend Inflow Streak to 13 Weeks as Price Keeps Falling

  • —XRP ETFs have posted 13 consecutive weeks of inflows, with cumulative net inflows at a record $1.8 billion
  • —On October 14 XRP ETFs took in $740,000 while BTC, ETH, SOL and HYPE funds lost about $400 million
  • —XRP dropped 5.11% to $1.31, about 64% below its all-time high of $3.65
  • —Whale deposits of XRP to Binance over 30 days reached 1.669 billion tokens, a seven-month high
Why it matters: Steady ETF demand is failing to lift XRP's price as rising whale deposits on Binance add to selling pressure.
Source: BeInCrypto KR