XRP ETFs Disappoint Again but XRP Price Rockets 5% to Weekly High

Where does this discrepancy come from and what's next for XRP? Demand for the spot XRP ETFs remains far below their recent peaks, with the funds attracting zero net inflows in the past couple of days. Moreover, they were in the red before that. However, this hasn’t prevented the underlying asset from staging a notable comeback that pushed it above a key resistance area. The question is, what’s next for XRP? ETFs Disappoint, but XRP Rebounds CryptoPotato reported over the weekend the end of a major XRP ETF streak that lasted roughly three months in which they didn’t see a single week in the red. This finally changed during the week that ended on October 16, with net outflows slightly higher than inflows at $1.84 million. Although that was a relatively modest number, the following two business days have been quite lackluster as well. Data from SoSoValue shows that there were no reportable inflows on October 19 and 20, which continues the disappointing trend that began on October 15 with $104,510 in net withdrawals, and another $2.47 million on October 16. This means that the ETFs have not been in the green for a week now. As such, it’s safe to conclude that they are not behind XRP’s ...