XRP Slide Puts Death Cross in View Despite Rising ETF Inflows
The XRP token has been in a steep decline since July last year despite some bullish news. One of the top catalysts has been rising ETF inflows, a sign that US investors are accumulating. Data shows that these ETFs have added $13 million in assets this month after adding $132 million in May. They are in the third consecutive month of inflows, with the net cumulative figure jumping to $1.44 billion. The Bitwise XRP ETF leads with $296 million, while Canary's XRPC has $254 million.