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Why have 6 weeks of inflows into spot ETFs not caused XRP to rise?
The price of XRP has increased by about 2.3% in the last 24 hours, but the overall scenario remains weakened. The token has accumulated a drop of approximately 14% in the last month and about 8.5% in the last seven days.
This fragility draws attention because it occurs during six consecutive weeks of net inflows into spot ETFs. At first glance, the movement seems positive, but the data shows why the price has stagnated.
Six weeks of inflows into ETFs, but the pace is slowing down
Spot ETFs of XRP have already recorded net inflows for six consecutive weeks. The movement started in mid-November, raising the accumulated inflows to over $1.01 billion.
This fragility draws attention because it occurs during six consecutive weeks of net inflows into spot ETFs. At first glance, the movement seems positive, but the data shows why the price has stagnated.
Six weeks of inflows into ETFs, but the pace is slowing down
Spot ETFs of XRP have already recorded net inflows for six consecutive weeks. The movement started in mid-November, raising the accumulated inflows to over $1.01 billion.
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