Ripple CEO Brad Garlinghouse Highlights Strength of XRP Spot ETFs After 45% Price Drop
Newly launched XRP spot ETFs have held up amid a sharp 45% decline in XRP's spot price, drawing comments from Ripple CEO Brad Garlinghouse and attention from Bloomberg ETF analysts. The funds initially recorded $164 million in net inflows on Nov. 24 and later saw their combined Total Net Assets peak at $1.65 billion in January before sliding to $971 million as XRP depreciated.