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The crypto market has traded mainly on the positive side over the last week, and XRP has recorded the biggest weekly inflow of the month, according to the latest data provided by SosoValue.
Despite a negative record last week, XRP ETFs have shown signs of recovery as sentiment across the broader crypto market flipped to extremely bullish, driving notable demand from institutional investors.
Following the ETF market recovery, XRP’s price has increased over the past seven days. The shift appears to have coincided with institutional investors becoming more optimistic about the asset’s future price potential.
As a result, investors increased their positions in XRP-based investment products. In total, XRP funds recorded a combined inflow of $28.17 million over the past week.
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