XRP Tops Weekly Crypto Inflows Despite Market Volatility
Global crypto investment products attracted $6 million in net inflows during the last week even though investors remain cautious because of market conditions, according to CoinShares’s data. XRP-based investment products delivered the most notable weekly performance by absorbing $37.7 million in funds.
The available data shows that market activity is starting to grow despite the mixed feelings among professionals. The week’s early optimism was abruptly dashed when U.S. retail sales shocked investors and took $146 million out of the market.
While maintaining attention on the underlying recovery tendencies in motion, James Butterfill, Head of Research at CoinShares, described this market shift via the prism of “mixed investor…
