american spots $XRP ETFs have continued to react to the overall crypto market slowdown, with little to no capital inflows for several days.
Following a slow pace, $XRP The fund is currently recording its lowest weekly capital inflows since launch, but $XRP Prices began to show a gradual rebound over the weekend.
According to data From SosoValue, $XRP The ETF had total weekly net inflows of $7.65 million as of February 13th.
on the other hand, $XRP As of the same date, the ETF was seeing net inflows of $4.5 million per day, with new capital inflows helping to offset outflows earlier this week.
$XRP ETF maintains $1 billion milestone despite poor performance
It is important to note the total of all net assets. $XRP Despite weak weekly performance, the fund is still above the $1 billion mark.
Trading activity also remained strong, with total trading volume reaching $19.69 million on the day, but the weakness in capital injections appears to only indicate a slowdown in momentum rather than a broader institutional investor exit.
Nevertheless, $XRP has been trading steadily over the weekend, rising approximately 5.54% over the past 24 hours and trading at $1.44 at the time of writing.
Bitwise dominates as momentum weakens
Following the modest inflows seen during the previous trading session, the data further shows that bit by bit $XRP ETFs led the way with $2.52 million in inflows.
Franklin Templeton followed suit. $XRP ETFs had inflows of approximately $1.53 million, and Canary Capital’s funds recorded approximately $449,650 in new money.
on the other hand, $XRP ETFs issued by 21Shares and Grayscale Investments recorded no daily inflows on the day.
