Although XRP price rose 8% on March 4th to reach approximately $1.43, investor activity in the XRP ETF was very limited on that day. Data from SosoValue shows that only Canary Capital's fund attracted new funds, with a net inflow of $4.19 million (approximately 287 million XRP). Other major funds such as Bitwise, Franklin Templeton, 21Shares, and Grayscale did not record any inflows into their XRP ETFs. Despite a rebound in the overall market, this sluggish performance of the ETF indicates that institutional investors remain cautious, waiting for stronger signals of a sustained XRP price increase.

XRP-0.63%
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