XRP Climbs Above $1.18 as Spot XRP ETFs Take In $10.68 Million, Bitcoin ETFs Lose $316 Million
XRP rose above $1.18 on its strongest trading volume since the selloff began, with large-holder accumulation at a record high and cumulative ETF inflows reaching $1.4 billion. Spot XRP ETFs added $10.68 million in the latest week, bucking outflows across several other major crypto funds.
From June 8 to June 12, spot Bitcoin ETFs shed about $316 million for a fifth straight week of outflows, while spot Ether ETFs lost $14.91 million and spot Solana ETFs lost $2.58 million. The divergence underscores XRP's relative strength in a weaker market for other crypto exchange-traded products.
From the sources (4 posts)
@coindeskMARKETS: $XRP has climbed above $1.18 on its strongest volume since the selloff began, with whale accumulation at record highs and $1.4B in cumulative ETF inflows supporting the move.
@strivex_🚨Spot XRP ETFs continue to attract investors, recording nearly $11 million in net inflows this week. ETF holdings now account for about 1.39% of XRP's circulating supply. Even in a weak market, institutional demand for XRP remains strong
@cointelegraph🇺🇸 ETF FLOWS: XRP spot ETFs saw net inflows last week, while BTC, ETH and SOL spot ETFs saw net outflows. BTC: -$315.84M ETH: -$14.91M SOL: -$2.58M XRP: $10.68M
@wublockchainSpot Bitcoin ETFs saw $316M in net outflows last week, marking fifth straight week of outflows From June 8 to June 12 (ET), spot Bitcoin ETFs recorded $316 million in net outflows, marking the fifth consecutive week of outflows. Spot Ether