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XRP's recent market movement is indeed fierce — just broke through the $2.4 level, with a 24-hour increase of over 12%, directly returning to the high since November last year. Traders are definitely excited yet conflicted, wondering if there is still an opportunity here.
From a capital perspective, the situation is worth paying attention to. The US spot ETF saw a net inflow of $46.1 million yesterday, with Bitwise and Franklin contributing nearly $30 million. More importantly, the total net asset value of XRP spot ETFs has surpassed $1.65 billion, with cumulative net inflows exceeding $1.23 billion.
What does this indicate? It’s not retail investors following the hype, but institutions deploying real capital. The continuous net inflow into ETFs is akin to opening a "high-speed highway" for XRP. As long as this channel remains operational, capital will keep flowing in, supporting the price's resilience and upward momentum.
On the news front, the fundamentals are leaning positive, and the sustained influx of institutional funds is a solid support. As for specific entry points and strategies, it’s still necessary to assess based on your own risk tolerance. Market opportunities are always present, but risks are also real — think carefully before chasing high.