XRP Surges 5% As ETF Inflows Hit $17M: What’s Going On?

XRP (CRYPTO: XRP) is up 5% on the day and 7.5% over the past week as spot ETFs recorded $17.11 million in net inflows on April 15, the highest single-day figure in almost two months.
The ETF Surge
ETF demand began picking up on April 14 with $11.20 million in inflows, forming the strongest two-day run since January.
Total net assets have crossed back above the $1.02 billion milestone, and cumulative inflows now stand at $1.25 billion.
Bitwise’s XRP ETF led April 15 with $6.23 million, followed by 21Shares at $5.43 million and Franklin Templeton at $5.30 million. Canary Capital saw a slight inflow of $148,130.
The inflows continued to surge this week amid bullish developments such as Ripple partnering with Kyobo Life Insurance and MassMutual buying Bitwise XRP …Full story available on Benzinga.com

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