XRP ETFs record $1.7 billion in inflows after eight straight green weeks

  • Ripple’s XRP ecosystem saw ETF expansion, RLUSD growth and an XRP Ledger bug fix.
  • XRP ETFs exceeded $1.7 billion in cumulative net inflows after eight consecutive green weeks.
  • XRP traded around $1.38 after a 4% daily decline, according to CoinGecko.

XRP remains a major focus in crypto markets as spot XRP ETFs post eight consecutive weeks of net inflows exceeding $1.7 billion. Products are offered by Bitwise, Franklin Templeton, Canary Capital, 21Shares and Grayscale, while additional filings could broaden investor access. T. Rowe Price reportedly updated a multi-asset crypto ETF filing, assigning XRP a 9.15% weight, and Exchange Listed Funds Trust filed a proposed 75/25 strategy combining the S&P 500 with XRP, subject to SEC (U.S. securities regulator) approval. Ripple’s dollar-pegged stablecoin (cryptocurrency designed to track a currency), RLUSD, has expanded through Japanese regulatory approval, institutional support and new access options, with its market capitalization approaching $2.5 billion. The XRP Ledger fixed a vulnerability in Permission Delegation before any known exploitation or fund losses. XRP has traded between $1.36 and $1.47 over the past week and was around $1.38 after a 4% daily decline, with the CLARITY Act and next week’s FOMC meeting among potential sources of volatility. Analysts cited in the report offered highly bullish long-term views, including a $60 target from Ali Martinez and David Schwarz’s argument that XRP could eventually surpass Bitcoin’s market position through faster growth.

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