Global XRP-based investment funds defied the market’s bearish trend and raised $89.3 million last week.
Thus, Ripple’s cryptocurrency stood out while other products based on digital assets in the markets They recorded departures of 1.94 billion dollars, accumulating 4.92 billion dollars in four weeks.
According to the report weekly from the investment firm CoinShares, investment products in bitcoin (BTC) recorded outflows of $1.27 billion.
For their part, instruments linked to ether (ETH), the Ethereum cryptocurrency, reported withdrawals of $598 million.
Products based on solana (SOL) also had a negative week, with sales of $156 million.
The strong performance of XRP investment products reflects positive expectations in the near future, driven by the recent launch of two spot exchange-traded funds (ETFs) in the United States based on the Ripple cryptocurrency.
In addition, this Monday the debut of a new Grayscale ETF, which reinforces institutional interest and the visibility of the asset on the stock exchanges.