Ripple (XRP) ETF Inflows Set Another Record, but One Problem Remains

Meanwhile, XRP's breakout attempt was halted in its tracks once again. The spot exchange-traded funds tracking Ripple’s cross-border token started the week strong, hitting a fresh all-time high in terms of total net inflows, but a familiar and slightly worrisome scenario repeated in the following days. At the same time, the HYPE ETFs have broken their streak and were deep in the red for a second consecutive week. XRP ETFs: The Good and the Worrisome Data from SoSoValue shows that the spot XRP ETFs attracted $2.49 million on Monday and $5.66 million on Tuesday. That’s the good news. However, the other side of the coin was what happened during the remaining three business days of the week. And, it was something that has repeated and even accelerated in recent weeks. The same data aggregator shows that there were no reportable net flows during those three days, with $0.00 pointing at each. Something similar was observed last week, when only one day was in the green, while the other four were at $0.00. If we look back, we can see that 10 out of the last 15 trading days have seen zero net flows. Thus, even though the XRP ETFs ended two consecutive weeks in the green, a more in-depth loo...