XRP ETF Experiences Second Day Without Capital Inflow, But No Losses

The cryptocurrency ETF market has experienced a significant collapse; however, XRP remains in a relatively stable situation. XRP ETFs recorded a second day without capital inflow, following five previous days with a positive balance that brought in approximately $75.6 million. September ended with a result of around $121.4 million. On September 30, other cryptocurrency funds, including Bitcoin and Ethereum, experienced capital outflows, while XRP remained at a zero level. Despite the lack of outflows, the price of XRP fell from $1.66 to $1.48, below the key level of $1.50. ETFs account for only 1.8% of the total XRP market capitalization, which is around $94-95 billion. The rise in U.S. Treasury yields is also impacting the cryptocurrency market. Currently, there are no signs of institutional flight from XRP ETFs, but the situation may change.

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