Insight: The spot XRP ETF saw its first net inflow in March, but the gains were modest. Only $636,000 flowed in, a stark contrast to the billions of dollars flowing in at the end of last year.
The fund's weak performance mirrored XRP's price action, which rebounded to $1.60 mid-week but subsequently suffered a sharp pullback, erasing all gains.
Analyst Ali Martinez is currently closely monitoring a key upward trendline, believing it could present an excellent buying opportunity for Ripple traders.