XRP ETF Buying Surge: Institutional Demand Drives Continued Growth

Institutional investors are showing a strong interest in XRP, with recent data revealing significant accumulation through exchange-traded funds (ETFs). This activity is raising eyebrows and influencing market dynamics as the supply of XRP tokens decreases. According to Whale Insider, ETFs purchased approximately $21.81 million worth of XRP in recent transactions. This injection of capital temporarily removes tokens from circulation, potentially amplifying price changes when combined with increased buying pressure.