XRP Down 2.5%, But ETFs Gain $4 Million In Inflows: What Is Going On?

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Editor’s note: the headline has been updated to correctly reflect ETF inflows for XRP.

XRP (CRYPTO: XRP) is down 2.5% on Tuesday as spot ETFs logged $4.13 million in inflows, even as outflows continued for Bitcoin (CRYPTO: BTC) ETFs on Monday.

XRP ETFs Stay Green While Bitcoin Bleeds Billions

Spot ETFs have posted consistent daily inflows throughout May despite price weakness, with cumulative inflows now at $1.43 billion and net assets holding at $1.11 billion. 

The steady green bars contrast sharply with four consecutive weeks of Bitcoin ETF outflows totaling over $4 billion. 

Institutional conviction in XRP remains intact even as the token tests critical chart support.

Ripple Expands RLUSD Into Turkey Through Three New Partners

Separately, Ripple announced Tuesday that its USD-backed stablecoin RLUSD is now available in Turkey through partnerships …

Full story available on Benzinga.com

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