- Retail dealer sentiment for XRP is strongly bullish, registering the seventh-highest rely of constructive social feedback this yr whereas the token traded close to US$2.
- Spot XRP ETFs continued their streak of constructive web inflows for 19 consecutive days, with whole inflows approaching US$974.5 million.
- Solana ETFs additionally recorded a seven-day streak of constructive inflows (totaling round US$674 million).
Retail merchants stayed constructive on XRP this week even because the token traded close to the US$2 degree (about AU$3.06), in accordance with crypto analytics agency Santiment.
Santiment stated the week noticed the seventh-highest rely of bullish XRP feedback this yr throughout main crypto social channels it tracks, together with Telegram, Discord, subreddits and X.
XRP traded between roughly US$1.99 (AU$3.04) and US$2.17 (AU$3.32) within the final seven days and was round US$2.03 (AU$3.11) on Saturday, CoinGecko knowledge confirmed.
Flows into spot XRP ETFs additionally remained constructive, with SoSoValue knowledge displaying about US$20.1 million (AU$30.75 million) of web inflows on Friday, extending the streak to 19 straight days. Complete inflows had been near US$974.5 million (AU$1.49 billion), with belongings below administration at about US$1.18 billion (AU$1.81 billion).
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Solana ETFs Takes In Contemporary Cash
Solana ETFs additionally took in recent cash regardless of SOL’s weaker value. Farside Buyers’ knowledge confirmed a seven-day influx streak, led by about US$16.6 million (AU$25.40 million) on Tuesday. Complete web inflows had been about US$674 million (AU$1.03 billion).
Solana spot ETFs launched in July and expanded in October of this yr, with some analysts pointing to the merchandise as an indication of continued curiosity from conventional finance buyers even in the course of the wider crypto market pullback.
Solana has seen a whole lot of institutional help and curiosity. Not too long ago, JP Morgan used the Solana community to hold out a US$50 million (AU$77.1 million) tokenised business paper transaction for Galaxy Digital.
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The submit Bullish Chatter Meets ETF Demand: XRP Sentiment Surges as Solana Funds Pull In Cash appeared first on Crypto News Australia.





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