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Ripple XRP News: sequence of inflows puts XRP ahead of BTC and ETH

2 min read
PortalCripto
Ripple XRP News: sequence of inflows puts XRP ahead of BTC and ETH
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Cryptocurrency ETFs continue to show distinct movements among the market’s main assets, with recent emphasis on XRP-based funds. While Bitcoin and Ethereum remain benchmarks, the most recent data indicate that Ripple’s token has been standing out in the flow of institutional capital.

Last week, spot XRP ETFs once again posted positive net inflows, consolidating a consistent streak of favorable performance. After a strong close in the previous week, when the funds received US$ 15,63 million in a single day, the new week began with another US$ 15,34 million in inflows.

Despite the solid start, the movement did not remain linear over the following days. On Tuesday and Wednesday, the ETFs faced net outflows of US$ 2,83 million and US$ 1,86 million, respectively. This behavior drew attention for being unusual, considering that the funds had been recording few negative sessions in recent weeks.

Even so, the selling pressure did not hold. On Thursday, the last trading day due to the July 4 holiday in the United States, the ETFs returned to positive territory with inflows of US$ 6,55 million. As a result, the weekly balance closed with US$ 17,19 million in positive net flow.

This performance reinforces the streak of mostly positive weeks for XRP ETFs, which have not recorded a relevant period of losses since the end of April. At the same time, the asset’s price followed the movement, accumulating a gain of more than 8% during the week and approaching the US$ 0,15 range.

In addition to XRP, ETFs linked to the HYPE token also posted positive results, although at a more moderate pace. After reaching a record of US$ 111,36 million in inflows in the last full week of June, the funds recorded only US$ 4,32 million in the following week, which had fewer business days.

Even so, the cumulative total for HYPE ETFs remains on a growing trajectory, with total inflows close to US$ 300 million. Even with a one-off outflow of US$ 3,01 million on one of the days of the week, the overall balance remains positive, indicating continued interest in this type of exposure within the cryptocurrency market.

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