XRP ETFs Surge: $89.65 Million Inflows Spark Institutional Optimism

A significant development in the cryptocurrency market has sent ripples through the XRP community, with prominent influencer Amonyx reporting a substantial influx of money into XRP exchange-traded funds (ETFs). The report highlights clients purchasing a staggering $89.65 million worth of XRP, bringing total ETF-held net assets to a remarkable $723.05 million. Amonyx characterized the development as bullish and sees it as a strong indicator of institutional interest in the asset.