Altcoin
XRP ETFs Raise $25.4M – Why Are Traders Still Holding Back?
Credit : ambcrypto.com
Key Takeaways
Do XRP ETFs Drive Demand?
The brand new XRP ETFs attracted $25.4 million in early inflows.
Are XRP merchants assured within the value improvement?
Not but. Derivatives statistics point out weak speculative curiosity.
Ripple [XRP] The market simply can not seem to make a decision.
The brand new ETFs are attracting inflows and growing publicity, however derivatives merchants should not displaying the identical pleasure.
With momentum on one aspect and warning on the opposite, what does the native token’s value appear to be?
XRP ETFs are off to a robust begin
The newly launched XRP ETFs are off to a solid startwhich noticed $25.4 million in web inflows inside just some days of buying and selling.
This early momentum has introduced whole ETF belongings to $257 million, so there may be robust preliminary curiosity from institutional gamers.

Supply: SoSoValue
A lot of the inflows occurred round November 14th, when merchandise noticed their largest peak, whereas the seventeenth introduced in a smaller (however nonetheless optimistic) quantity.
Investor curiosity is quickly growing, offering the asset with much-needed assist.
Derivatives merchants should not fully positive
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