XRP ETF inflows rise to $8 million as Bitcoin, Ethereum see net outflows

XRP’s recent price performance remains in focus as discussion over exchange-traded funds, tokenization, and institutional adoption intensifies. Ongoing debates highlight the apparent disconnect between positive ecosystem developments and the cryptocurrency’s market value.

XRP ETF inflows contrast with broader market outflows

Digital Asset Investor, a well-known figure in the crypto community, raised questions about XRP’s price movement compared to other leading digital assets. He cited recent data showing that XRP-based ETFs recorded $8 million in net inflows on Thursday, while ETFs tracking Bitcoin, Ethereum, Solana, and Zcash posted net outflows during the same period.

XRP’s price recently dropped to $1.30 before recovering to around $1.38. Despite these inflows, prediction-market expectations suggest that XRP could move above $1.60 by October, a target that remains subject to ongoing speculation.

He commented on the tendency of crypto media to focus heavily on Bitcoin, claiming that XRP and its developments often receive less attention. He further emphasized the importance of distinguishing between XRP, the digital asset, and Ripple, its parent company, pointing out that this differentiation has implications for market perception.