XRP trading activity on the Bitrue platform has surged, with spot purchase volume increasing by 212%, more than double the selling volume. Analysts believe that this spike in trading volume is related to the quiet accumulation phase by institutional investors following the launch of the XRP ETF. Overall, XRP has attracted approximately $1.1 billion in net assets, with weekly positive inflows, and only five days of outflows so far.
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XRP trading activity on the Bitrue platform has surged, with spot purchase volume increasing by 212%, more than double the selling volume. Analysts believe that this spike in trading volume is related to the quiet accumulation phase by institutional investors following the launch of the XRP ETF. Overall, XRP has attracted approximately $1.1 billion in net assets, with weekly positive inflows, and only five days of outflows so far.