Record Inflows Fuel Surge of XRP ETFs Amidst Market Volatility

XRP-related exchange traded funds (ETFs) witnessed remarkable investor interest despite a downturn in the cryptocurrency market. On its first trading day, the XRPC ETF experienced a historic $245 million inflow, exceeding Solana and Bitcoin ETFs in trading volume. This bullish trend underscores institutional investors’ persistent demand for altcoins even as prices fluctuate. 💰🚀 Canary Capital, the ETF provider behind XRPC, attributed this sustained interest to the growth of decentralized finance (DeFi) and increased investments from institutions.