Ripple’s (XRP) ETFs Beat Every Major Rival in October: But Two Issues Remain
- XRP ETFs recorded net inflows of $18.83 million in October, marking their seventh consecutive month in the green despite a generally bearish market for other crypto ETFs.
- Although positive, this was the second-smallest monthly gain for XRP ETFs, only slightly exceeding the $15.59 million in inflows recorded in January.
- Despite the ETFs’ success, XRP’s price fell 16% in October, closing at approximately $1.25 after being rejected at $1.50, highlighting a disconnect between ETF performance and the asset’s market value.
Source: CryptoPotato
🌍 Updated by GemCrypto
$XRP
#XRP #Crypto
- XRP ETFs recorded net inflows of $18.83 million in October, marking their seventh consecutive month in the green despite a generally bearish market for other crypto ETFs.
- Although positive, this was the second-smallest monthly gain for XRP ETFs, only slightly exceeding the $15.59 million in inflows recorded in January.
- Despite the ETFs’ success, XRP’s price fell 16% in October, closing at approximately $1.25 after being rejected at $1.50, highlighting a disconnect between ETF performance and the asset’s market value.
Source: CryptoPotato
🌍 Updated by GemCrypto
$XRP
#XRP #Crypto
