XRP ETF recovers from severe decline with an inflow of $16.79 million

According to a report by Bijie Network: Based on data from SoSoValue, on January 30, the US spot XRP ETF saw a significant rebound, with a net inflow of $16.79 million, reversing the previous day's outflow of over $92 million. This brought the cumulative net inflow to $1.18 billion, with total net assets reaching $1.19 billion. The 21Shares TOXR ETF led the way with a net inflow of $8.19 million, followed by funds from Bitwise, Canary, and Franklin Templeton, indicating that institutional investors may be viewing the recent price weakness as a good buying opportunity.