The spot exchange-traded funds tracking Ripple’s cross-border token kicked off the week with serious momentum, smashing a fresh all-time high in total net inflows before familiar hesitation crept back in. 🌙
XRP Flows Shine Then Stall 🦇
Data from SoSoValue reveals the spot XRP ETFs pulled in 2.49 million on Monday followed by 5.66 million on Tuesday. The other side of the picture tells a different story across the final three trading days when net flows registered exactly 0.00 each time. This pattern has only grown more pronounced lately with 10 of the past 15 sessions showing zero movement. Even after two green weeks the deeper picture points to fading investor appetite following a prior nine-week surge that exceeded 150 million. The cumulative total still climbed to nearly 1.5 billion marking yet another record.
The underlying token climbed from under 1.09 toward 1.16 early on before settling back below 1.10. 🕸️
HYPE ETFs Slip Into Red 💀
The spot HYPE ETFs had been riding high after one standout week that brought in over 110 million. Those vibes flipped fast with consecutive weeks of net outflows reaching 8.6 million then 7.26 million. Cumulative inflows eased from their peak of 308.60 million down to 292.73 million by Friday’s close. DeFi watchers are already scanning for fresh rotations across chains. 🖤🕷️🌑
Just another echo from the void by iconofsin.eth 💖
