Investors have bought $19 million in XRP exchange-traded funds. XRP’s price remains laggard. Experts said the asset has appeal. Investors are enjoying XRP’s dip by piling back into the Ripple-backed crypto’s exchange-traded funds.
Over the past week, nearly $19 million has flowed into XRP ETFs, according to SoSoValue data. The products — which debuted in November — now manage a combined total of close to $1.1 billion in assets. Still, XRP’s price is over 60% below its all-time high, recently trading for around $1.40, according to CoinGecko. Over the past 30 days, the fifth biggest coin has shed nearly 11% of its value.
Flows into the XRP ETFs are small fish compared to what has been deployed into Bitcoin funds, however. Investors have poured nearly $19 million into XRP exchange-traded funds over the past week, according to SoSoValue data. The Ripple-backed ETFs, which debuted in November, now manage roughly $1.1 billion in assets. Despite the inflows, XRP’s price remains about 60% below its all-time high and trades near $1.40.
Over the last 30 days, XRP has shed roughly 11% of its value. Flows into XRP ETFs remain modest compared with the capital deployed to Bitcoin funds, underscoring selective appetite for Ripple’s asset. Analysts say the dip could attract buyers who see XRP’s potential despite near-term softness. The evolving ETF flow dynamic indicates XRP remains a focal point for asset managers tracking crypto exposure.
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