$XRP

XRP exchange-traded funds register inflows of $170 million in one week without any outflows.

XRP

$2.15453

‮‭3.33‎‎‬%‬

According to the 528btc website, U.S. exchange-traded funds (ETFs) linked to XRP recorded their strongest weekly performance since their launch, with net inflows exceeding $170 million without any outflows. Over the past five trading days, the funds attracted around $173 million, with significant inflows to the Franklin XRP ETF and Grayscale XRP Trust. On December 1, total inflows rose to nearly $90 million, driven by more than $52 million to Grayscale and $28 million to Franklin. Another strong day on December 8 saw inflows exceeding $38 million. Despite these inflows, the price of XRP remained close to $2, influenced by broader market factors and ongoing sell-offs from large holders. According to the report, XRP was trading at $2.07, down 0.5% over 24 hours and nearly 4% over the week. The total assets under management (AUM) of the exchange-traded funds is approaching $10 billion, indicating rapid growth in the cryptocurrency ETF space.