Newly launched XRP ETFs have attracted $25.4 million in early inflows, signaling strong interest from investors. However, derivatives trading lacks excitement, with open interest steady at $1.37 billion, showing cautious sentiment among traders.
At present, XRP is trading at $2.17, facing bearish momentum. Despite initial enthusiasm from ETFs, the derivatives market reflects hesitation, indicating that trader confidence needs boosting for any substantial upward movement.
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