XRP evidence a record inflow last week, increasing its AUM by almost double

Cryptocurrency XRP has had one of the most successful weeks with a record inflow of $33M.

XRP evidence a record inflow last week, increasing its AUM by almost double

Last week was one of the most significant in terms of the inflow of funds into products to invest in digital assets.

This situation is confirmed not only by Bitcoin and its price action for the new ATH in the amount of $64,863, but also by other markets with digital assets.

One of these was currently the fourth most popular cryptocurrency, XRP, which recorded a record high inflow of $33M last week.

CoinShares Research

As you can see in the chart, which was published in a report by CoinShares, the cryptocurrency XRP had YTD flows of $38.9M. As a result, XRP recorded the same inflow in just a one week as for the entire previous year (YTD). At present, the AUM of cryptocurrency XRP is worth $83M.

In terms of inflows into all monitored digital assets, last week reached $233M, which was the largest inflow since early March this year.


Share Tweet Send
0 Comments
Loading...
You've successfully subscribed to CCnews24
Great! Next, complete checkout for full access to CCnews24
Welcome back! You've successfully signed in
Success! Your account is fully activated, you now have access to all content.