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XRP defies market trend, Franklin Templeton's XRPZ fund sees $8.17 million in net inflows, marking 12 consecutive weeks of institutional capital flowing into XRP ETFs.
Against the backdrop of a significant Bitcoin drop and a general 5-12% decline across most altcoins, XRP has shown unusual independence, stabilizing in the $1.39-$1.40 range with only a 1-2% decrease. Franklin Templeton's XRPZ fund recorded an $8.17 million net inflow on October 8, making it the only spot XRP ETF to achieve net inflows that day. Institutional funds have flowed into XRP ETFs for 12 consecutive weeks, with cumulative inflows reaching $1.81 billion, surpassing Solana ETFs' $1.59 billion over the same period.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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