XRP is experiencing significant momentum as new exchange-traded funds (ETFs) absorb a substantial amount of tokens, pushing the asset’s price toward its all-time high. Market analysts attribute this surge to increasing institutional investment in XRP ETFs, which are driving trading activity across various platforms. The recent influx of capital has propelled XRP ahead of SOL’s ETF debut and generated considerable attention in the crypto market. 80 million tokens were absorbed by several newly launched XRP ETFs on their first day of trading, according to CryptosRus, which further increased total assets under management to $778M. This surge in activity is being fueled by Grayscale’s GXRP and Franklin Templeton’s XRPZ funds bringing in approximately $130M at launch, while four active XRP ETFs now boast a combined AUM of over $778 million. 4 ETFs are currently trading on the market with Canary’s XRPC leading with $331M in assets under management. The positive momentum has been reflected by a bullish flag pattern forming on the four-hour chart, indicating potential for further price growth. Technical analysis indicates that XRP’s price may surge towards a key resistance level of around $2.45 after recent consolidation. 80 million tokens were absorbed by several newly launched XRP ETFs on their first day of trading, driving significant market attention and a bullish breakout pattern.