Zero Net Inflows All Week: Ripple (XRP) ETFs Lose Investor Momentum
Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News The demand for the spot XRP ETFs in the United States has seemingly evaporated as the funds have not seen a single day of net inflows for over one whole week. Nevertheless, the underlying token managed to post some gains over the past week before it was halted at $1.45. The exchange-traded funds tracking the performance of the cross-border token enjoyed their initial honeymoon period that lasted roughly a month, in which they attracted over $1 billion in cumulative net flows. However, they began to slowly disappear from investors’ radar. The first two warning signs were observed on January 7 and 20 when $40.80
Source: https://cryptopotato.com/zero-net-inflows-all-week-ripple-xrp-etfs-lose-investor-momentum/
