XRP traders see growing bullishness as ETFs log record inflows
Crypto Briefing
US spot XRP ETFs recorded $25.8 million in net inflows on May 11, marking their highest daily total since January.Summary
Institutional interest in XRP is surging as US spot ETFs recorded $25.8 million in net inflows on May 11, the highest daily figure since January 5. Franklin Templeton’s XRPZ fund drove much of this momentum, contributing $13.62 million and helping push total assets across all US spot XRP ETFs to approximately $1.18 billion. This growth occurs despite a recent dip in XRP's token price, suggesting underlying institutional confidence. While these funds remain small compared to Bitcoin ETFs, the streak of two consecutive weeks without outflows signals a positive trend for the asset, even as analysts warn that broader market volatility could still impact future performance.
(Source：Crypto Briefing)