XRP ETF inflows have surged to $1.42 billion, marking a significant increase in investor interest despite ongoing market volatility. Data from SoSoValue indicates that XRP ETFs added $11.8 million in assets on Friday, the largest single-day increase since mid-May. This brings the total weekly inflows to $60.50 million, with May being the best month for XRP ETFs since their inception last October. Notably, major funds like Bitwise, Canary, and Franklin Templeton have seen substantial inflows, highlighting robust demand for XRP even as Bitcoin and Ethereum ETFs experience outflows.
In parallel, the Ripple USD (RLUSD) stablecoin has reached a market capitalization of $1.8 billion, reflecting growing adoption. The adjusted volume of RLUSD transactions has increased by over 11% in the past month, driven by lower transaction costs and integration across Ripple's brands. Additionally, the XRP Ledger is gaining traction in the Real-World Asset tokenization sector, with RWA assets rising by 10% to $3.58 billion. Despite XRP's price challenges, these developments suggest a potential rebound as the market stabilizes.
XRP ETF Inflows Reach $1.42 Billion Amid Market Volatility
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