Total Inflows in XRP ETFs Reach $1.8 Billion

Total net inflows in XRP-focused exchange-traded funds (ETFs) have reached $1.8 billion. As of October 22, the cumulative net inflow of XRP ETFs has risen to the level of $1.8 billion. This total was formed by a net inflow of $708,520 recorded on the last trading day of October 21. The pullback in the crypto market has pressured the performance of XRP ETFs, but new money inflow has continued, albeit limited. This level achieved brings the funds closer to a total inflow threshold of $2 billion in the short term. Market participants assess that this psychological barrier could be surpassed if trading momentum increases. It is noted that the ETF structure stands out for institutional investors who wish to access XRP without making direct purchases. Bitwise, an asset management company that develops investment products based on digital assets, is drawing attention. The total inflow of $1.8 billion not only represents a numerical threshold for the XRP ecosystem but also indicates that access has become easier for a broader investor base that prefers to invest without holding the token directly.

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