XRP Spot ETFs See Cumulative Inflows Near $1.5B as Breakout Above $1.13 Could Target $1.35

XRP-0.85%
According to market analyst Xaif Crypto, spot XRP exchange-traded funds (ETFs) have drawn cumulative inflows approaching $1.5 billion, with institutional demand continuing to strengthen. Bitwise's XRP ETF attracted $4.41 million in net inflows while Franklin Templeton's fund added $2.38 million, pushing total net assets across spot XRP ETFs to $997 million. Technical analysts expect XRP, currently trading at $1.08, to consolidate above $1.13 before potentially rallying 20% toward $1.35, with a TD Sequential buy signal and symmetrical triangle pattern suggesting alignment between institutional flows and technical momentum.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments