XRP
Why XRP is up 1.2% in the last hour
Analysis
XRP rose about 1.2% over the past hour as fresh ETF-flow headlines highlighted continued demand for XRP-linked products. U.Today reported that XRP ETF demand persists, with Bitwise surpassing a $500 million inflow milestone, while NewsBTC noted XRP ETF inflows extending to eight straight weeks—both likely supporting near-term sentiment and bids.
Contributing Factors (3)
XRP ETF Demand Persists as Bitwise Surpasses $500 Million Inflow Milestone
Bitwise leads XRP ETFs in latest daily inflow, solely attracting over $11 million in fresh capital within 24 hours, bringing its cumulative net inflow to over $500 million.
XRP Ledger Foundation to Create Open-Source Lending Blueprint With New Partner
XRPLF and VS1 Finance are building an open-source compliance framework for permissioned lending on the XRP Ledger — aimed at institutional DeFi developers.
XRP ETF Inflows Extend To Eight Weeks As Bitcoin Funds Bleed
XRP ETF inflows reportedly extended to an eight-week streak while Bitcoin ETFs continued to record heavy outflows.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.