XRP ETFs reportedly beat every major rival in October, yet the price is flat.
$XRP sits near $1.25, up about 0.5% on the day, while the headline says its spot ETFs outpaced rival crypto funds last month (CoinLore news feed). Two problems reportedly remain, though.
My take: fund momentum and spot price don't always move together. Flows can lead, or just stay quiet while the market waits on the US midterms.
Do you think ETF demand shows up in $XRP price first, or does price have to lead?
#XRP #CryptoETF #Ripple
Not financial advice.
$XRP sits near $1.25, up about 0.5% on the day, while the headline says its spot ETFs outpaced rival crypto funds last month (CoinLore news feed). Two problems reportedly remain, though.
My take: fund momentum and spot price don't always move together. Flows can lead, or just stay quiet while the market waits on the US midterms.
Do you think ETF demand shows up in $XRP price first, or does price have to lead?
#XRP #CryptoETF #Ripple
Not financial advice.