Investment in XRP exchange-traded product (ETP) funds saw a significant drop last week, with inflows dropping by 72 percent.
XRP ETP funds have seen inflows drop from $700,000 to just $200,000 in the past seven days.
This sharp drop has raised concerns among investors and market analysts about the future direction of XRP and its associated investment vehicles.
However, despite the drastic drop, the fact that inflows are still occurring is noteworthy. In the broader context, many other crypto ETPs have seen little to no outflows.
For example, investment products linked to Solana (SOL) saw outflows of $38.9 million, far exceeding their cumulative results for the year. This comparison shows the relative resilience of XRP-focused products in a volatile market.
Year-to-date performance: XRP stands out among crypto peers
Looking at year-to-date performance, XRP-focused investment products have attracted $22 million. This figure exceeds the inflows from other major cryptos such as Binance Coin (BNB), Cardano (ADA) and Tron (TRX).
This shows that, despite recent challenges, XRP continues to attract significant attention from investors, especially those seeking exposure to one of the most prominent digital assets in the market.
The main reason for the recent decline in XRP investment inflows is likely related to the end of the long-running legal battle between Ripple.
