There seems to be a clear winner in terms of investors’ behavior toward crypto-based exchange-traded funds, and it’s not the two market leaders, BTC and ETH.
The financial vehicles tracking the performance of Ripple’s cross-border token continue to defy the overall market weakness with another week in the green. The HYPE ETFs also marked another positive week, but it was a significant decline from the previous one.
After the impressive end to the previous business week, in which investors poured $15.63 million into the spot XRP ETFs on Friday, hopes for another strong start were high. And the numbers provided by SoSoValue show that reality wasn’t far away, as another $15.34 million entered the ETFs on Monday.
However, the trend changed on Tuesday and Wednesday. Net withdrawals dominated, with investors pulling out $2.83 million and $1.86 million, respectively. This was a rare occasion since the funds have not seen too many red days lately despite the broader ETFs’ trend. The last one was a month ago, on June 3.
Moreover, the last time when there were two consecutive days in the red was nearly three months ago, in early March. However, unlike the events back then, the tides reversed once again, as the funds saw $6.55 million net inflows on Thursday (the last trading day of the week due to the July 4 holiday).
Consequently, the week ended well in the green again, with net inflows of $17.19 million. Thus, the spectacular streak of green-only weeks continues, as the last one (barely) in the red was in late April/early May.
Perhaps driven by the positive developments on the ETF scene, the underlying asset’s price has risen by over 8% in the past week and now sits close to $0.15.
The HYPE ETFs also enjoyed the last full business week of June, seeing a massive net inflow of $111.36 million, which was by far the largest ever. Although the past four-day business week was also in the green, it was a lot more modest, with just $4.32 million entering the funds.
Nevertheless, the cumulative total net inflows sit at an all-time high of almost $300 million, despite the $3.01 million leaving the ETFs on Tuesday.
The post Ripple (XRP) Keeps Dominating ETF Flows, but Cracks Are Starting to Show appeared first on CryptoPotato.
小靓分析：
🦊 小靓解读
XRP ETF 资金连续两周逆势流入，显示投资者对 Ripple 的独立行情信心较强，但周三起净流出出现，说明短期追高情绪开始降温。
📊 市场影响
若本周后半段资金流出持续，XRP 可能面临回调压力，短期支撑位在 0.58 美元附近。但 ETF 整体趋势仍偏多，只要周流入保持正数，中期强势结构未破。
💡 操作建议
短期可关注回调后的低吸机会，不建议追高。若 XRP 跌破 0.55 美元，需警惕情绪反转，建议降低仓位、设置止损。
风险提示：
该资讯来源于公开渠道，仅供参考。Traceless 无痕智盈平台不对此信息准确性做任何保证。