XRP ETF Inflows Hit Record Highs Despite Stalling Momentum

Spot exchange traded funds tracking XRP reached a significant milestone this week, pushing total net inflows to a fresh all time high of nearly 1.5 billion dollars. The week started on a positive note, with Monday and Tuesday bringing in 2.49 million and 5.66 million dollars respectively.

Despite the record total, activity in the latter half of the week painted a different picture. For three consecutive days, net flows remained at zero. This pattern is becoming a recurring theme, as 10 of the last 15 trading days have seen no reportable inflows. This suggests that while long term numbers look strong, immediate investor interest has slowed down considerably compared to the nine week streak that previously saw 150 million dollars in gains.

The price of XRP responded to the early week optimism by climbing from under 1.09 dollars to a peak of 1.16 dollars. However, the momentum failed to hold, and the token dropped back below 1.10 dollars by the end of the week. Investors are now watching to see if these stagnant flow days are just a temporary pause or a sign of fading market enthusiasm.

In related news, HYPE ETFs are facing a tougher road. After a record breaking week where they pulled in over 110 million dollars, the funds have seen net outflows for two weeks straight. Investors withdrew over 8.6 million dollars this past week, bringing the cumulative total net inflows down from their recent peak.