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XRP extends longest ETF inflow streak in crypto as rivals struggle for cash

August 2, 202603:35 PM
XRP extends longest ETF inflow streak in crypto as rivals struggle for cash

XRP funds are dominating the crypto ETF landscape, extending their remarkable four-month streak of consistent inflows. In July alone, US-listed XRP products attracted $27.29 million, nearly double Solana's $14.62 million, solidifying XRP's position as the most attractive altcoin for institutional investors amid a challenging market environment. This strong performance comes as most rival products struggle to attract fresh capital, highlighting a clear shift in market sentiment toward XRP. With Chainlink and Hedera recording significantly smaller inflows of $4.54 million and $3 million respectively, the trend suggests growing institutional confidence in XRP's long-term potential despite typical crypto market volatility, potentially signaling a new phase in the altcoin investment landscape.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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