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XRP Takes Breathtaking Twist: Millions Came, But This Week, It's Zero
In a surprising turn of events, inflows into XRP-focused investment products have hit a sudden roadblock, registering a zero in the latest weekly report released by CoinShares. This abrupt halt comes on the heels of a remarkable streak that saw $2.7 million flowing into these XRP-oriented products over the past four weeks since the start of August.
Since the inception of XRP-focused exchange-traded products (ETPs), the cumulative inflow has surpassed a staggering $13 million, securing its place as one the most favored choices among crypto-oriented investment products. Only Bitcoin (BTC), Short Bitcoin and Solana (SOL) have outshone XRP in popularity among traditional investors