XRP rises 11% to nearly $2.40, with cumulative inflows into US spot ETFs exceeding $1 billion
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XRP price surged by 11%, reaching nearly $2.40. The trading volume of the US spot XRP ETF soared, with a single-day inflow of $48 million, and the cumulative inflow since its launch in November last year has exceeded $1 billion. This increase was driven by active institutional trading and a decrease in exchange supply, while market sentiment shifted due to an improved US regulatory environment and recent adjustments by the SEC.
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