XRP ETFs Attract $42M Inflows Amid Wallet Surge

XRP-linked investment products have seen approximately $42 million in net inflows over the past week, according to CoinDesk, as traders appear to be rotating into the token while reducing exposure to larger crypto assets like bitcoin and ether. On-chain data reveals a significant one-day increase of about 4,300 new XRP wallets, raising questions about whether this indicates a broader shift into XRP or a temporary speculative surge. Meanwhile, bitcoin ETFs experienced outflows of over $1.4 billion, and ether funds also saw asset reductions, highlighting a selective appetite for alternative crypto exposure.