
The post Ripple News: XRP ETFs Continue to See Demand as Crypto Prices Fall appeared first on Coinpedia Fintech News
The broader crypto market has been under pressure in recent weeks, with prices moving lower. Bitcoin has slipped below $88,000, Ethereum has dropped more than 1%, and several altcoins have followed the downward trend.
Despite this pullback, one area of the market is clearly standing out: XRP exchange-traded funds (ETFs). While Bitcoin and Ether ETFs have seen steady outflows, XRP ETFs are moving in the opposite direction.
XRP Spot ETFs Record 30 Straight Days of InflowsSince launching on November 13, spot XRP ETFs have recorded 30 consecutive days of net inflows, a performance that sharply contrasts with Bitcoin and Ether products.
Ripple CEO Brad Garlinghouse also opened up about the milestone, noting that XRP spot ETFs have now become the fastest crypto spot ETFs to reach $1 billion in assets under management (AUM) in the U.S. since Ethereum.
