ETF clients have purchased $46.10 million worth of XRP, increasing the total net assets held by ETFs to $1.65 billion. This significant acquisition reflects growing interest in altcoin ETFs, with expectations for XRP to reach new all-time highs in 2026. The move comes amid a broader trend of rising altcoin interest, following recent price increases in Bitcoin and Ethereum.
The success of Bitcoin and Ethereum ETFs has spurred demand for similar products in the altcoin market. Financial institutions have been actively accumulating cryptocurrencies, with XRP and DOGE ETFs already available. The recent purchase of XRP by ETF clients is seen as a bullish indicator for the altcoin market, suggesting a potential peak in altseason activity.
ETF Clients Acquire $46.10 Million in XRP, Total ETF Assets Reach $1.65 Billion
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