Grayscale and Franklin Templeton XRP ETFs Record $164M Inflows First Day

XRP Leads Crypto Market with 10% Surge

XRP has increased by 10%, recovering from monthly lows of $1.8.
Market capitalization surpassed $135 billion, with trading volumes up 50% to over $6 billion.
$89.3 million in inflows were recorded last week despite a general market downturn.
Analyst TARA indicates XRP is at the 0.5 Fibonacci retracement level; a breakout could target $2.30.
Critical support identified at the 0.382 level for confirming a market bottom.
Bitcoin's resistance at $88,300 is also a key factor for overall market movement.
Analyst Ali Martinez suggests XRP is forming a "right-angled ascending broadening wedge," potentially leading to a rally towards $4.0.

Grayscale and Franklin Templeton Launch XRP ETFs

Grayscale’s GXRP and Franklin Templeton’s XRPZ ETFs debuted on NYSE on November 24.
The ETFs had a combined net inflow of $164 million on their first day.
Total assets across all four XRP ETFs now stand at $628.62 million, indicating strong institutional demand.

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