The Bitwise XRP ETF recorded a $4.97 million inflow on June 10. This capital arrival occurred despite a recent decline in the token's price.
XRP-linked investment products have now secured positive inflows for five consecutive weeks. Bitcoin and Ethereum funds experienced net outflows during this same period.
Institutional interest followed the SEC's approval of an actively managed crypto ETF from T. Rowe Price. The asset management giant will include XRP in its portfolio.