Ripple ETFs Offer Rare Bright Spot Despite XRPโs Crash to 19-Month Low
๐ Ripple's XRP faced a tough week, dropping 21% to a low of $1.05, marking its lowest price since late 2024.
๐ Despite the downturn, XRP exchange-traded funds (ETFs) saw modest net inflows of $2.62 million, with total cumulative flows reaching a new all-time high of over $1.43 billion.
๐ Analysts remain cautiously optimistic about XRP's long-term potential, though concerns grow about a possible dip below the $1.00 psychological level if market conditions don't improve.
๐ Ripple's XRP faced a tough week, dropping 21% to a low of $1.05, marking its lowest price since late 2024.
๐ Despite the downturn, XRP exchange-traded funds (ETFs) saw modest net inflows of $2.62 million, with total cumulative flows reaching a new all-time high of over $1.43 billion.
๐ Analysts remain cautiously optimistic about XRP's long-term potential, though concerns grow about a possible dip below the $1.00 psychological level if market conditions don't improve.