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Ripple ETF Investors Unfazed by Market Crash as XRP Price Begins Recovery

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XRPUSD Feb 7. Source TradingView


XRP went through some intense volatility but was stopped at $1.54 during its recoveyr attempt.

Unlike investors who use the spot Bitcoin and Ethereum ETFs to gain exposure to the two market leaders, those opting for the XRP funds seemed unfazed by the latest crypto crash.

Data from SoSoValue shows that the past week ended well in the green for the Ripple ETFs, even though the underlying asset’s price went through some of its darkest periods.

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XRP ETFs Keep Gaining

Recall that the previous business week ended in the red for the XRP funds because of a single trading day – January 29, when investors pulled out nearly $93 million, making it the worst performance in terms of net flows since the products’ inception. The data on Monday shows a minor outflow of just over $400,000, which was rather negligible given the fact that the entire market crumbled once again during that weekend.

However, XRP ETF investors began putting funds back into the financial vehicles, with $19.46 million on Tuesday, $4.83 million on Wednesday, and $15.16 million on Friday, according to SoSoValue. For some reason, the monitoring resource has not updated the data for Thursday, but other websites and reports still show a minor net inflow.

Additionally, the cumulative net inflows for the spot XRP ETFs have grown from $1.18 billion at the end of the previous business week to $1.22 billion as of February 6, showing a net gain of around $40 million.

The spot ETH ETFs bled out around $170 million, while the BTC counterparties are down by $358 million within the same timeframe.

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XRP Price Goes Nuts

The past week or so has been nothing short of a wild rollercoaster ride for the entire crypto market, but Ripple’s cross-border token was at the forefront. Last Saturday, it crashed from $1.75 to $1.50, which was already bad enough given the fact that it traded at $2.40 on January 6.

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However, the bears were not done yet as they initiated a few consecutive leg downs, culminating in a massive plunge to $1.11 (on Bitstamp) on Friday morning. This meant that XRP had dumped by over 50% in just a month.

However, then came the big bounce as some metrics suggested so. In a matter of mere hours, the asset skyrocketed by 40% to $1.54, where it was rejected again and now struggles to remain above $1.40. The data above clearly shows that ETF investors are not to blame for these wild swings, at least not in XRP’s case.

XRPUSD Feb 7. Source TradingView
XRPUSD Feb 7. Source TradingView

 

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Can you still mine Bitcoin on a PC in 2026? Here is the reality

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Can you still mine Bitcoin on a PC in 2026? Here is the reality

Can you still mine Bitcoin on a PC in 2026? Here is the reality

Mining Bitcoin on a desktop in 2026 may sound simple, but is it profitable? Do rising network difficulty and energy costs mean the end of PCs as Bitcoin mining equipment?

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Circle (CRCL) shares continued their rally on Monday

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Circle (CRCL) shares continued their rally on Monday

Already on a tear ahead of the war in Iran, Circle (CRCL) might be an unlikely beneficiary of the conflict.

The stock rose 10% on Monday, outperforming other crypto-linked equities, with the shares now up by 86% over the past month, though they remain sharply lower since their peak post-IPO frenzy last summer.

Japanese bank Mizuho said part of the Circle rally reflects the jump in oil prices following the escalation in Middle East tensions. Higher crude prices could reignite inflationary pressures, potentially reducing expectations for Federal Reserve rate cuts.

Other things being equal, stablecoin issuers are thought to benefit from higher interest rates as that means higher yields on their invested dollars.

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Indeed, oil prices have surged since hostilities erupted in the Gulf, with WTI crude up roughly 35% since Feb. 28. Higher energy prices tend to fuel inflation and can limit central banks’ ability to cut interest rates.

Positioning has surely played a role as well.

While the company reported solid growth in USDC supply in its fourth-quarter earnings, analysts say the magnitude of the move likely reflected a crowded short trade ahead of the release.

“The magnitude of the move wasn’t purely about the headline numbers. Positioning was the real catalyst,” said Markus Thielen, founder of 10x Research.

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According to his data, hedge funds had accumulated sizable bearish bets ahead of the report. That setup created what Thielen described as a “high-probability short squeeze rather than a fundamental re-rating.”

Short interest currently stands at about 13% of the float, equivalent to roughly two days to cover, according to FactSet data.

Read more: Circle moves $68 million in just 30 minutes by using its own stablecoin for internal payments

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Blockchain.com Expands Crypto Trading Platform to Ghana

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Blockchain.com Expands Crypto Trading Platform to Ghana

Crypto brokerage company Blockchain.com is expanding into Ghana as part of a broader push to grow its presence across Africa, following rapid user growth in Nigeria over the past year.

The company said it plans to offer Ghanaian users access to its trading platform as it builds out regional infrastructure and explores additional African markets.

The expansion follows strong growth in Nigeria, where the company launched retail operations last year and reported more than a 700% increase in brokerage transaction volume. According to the company, the most traded assets on its platform in the country have been Bitcoin (BTC), Tether (USDT) and Tron (TRX).

The company said Ghana has also seen rising activity on its platform ahead of the formal launch, with active users increasing 140% over the past year and transaction volumes climbing 80%.

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“We are actively collaborating with Ghanaian officials and regulators to help build a regulatory framework and have already established local compliance representation in Ghana,” a Blockchain.com spokesperson said.