XRP Trading Volume Surges 212% on Bitrue as Bitcoin ETFs Draw $506.51M Inflows and Dogecoin Reclaims $0.10
XRP spot purchase volume on Singapore-based exchange Bitrue jumped 212% between Feb. 23 and 24, with buy orders more than doubling sell-side activity, the platform said. Bitrue said the spike coincided with institutional accumulation since mid-November, when XRP exchange-traded funds launched and attracted a net $1.1 billion in assets with only five days of net outflows. U.S. spot Bitcoin ETFs posted $506.51 million in single-day net inflows on Wednesday, Feb. 25, with BlackRock's product capturing over 58% of that total as Bitcoin rallied to $69,150, SosoValue data show. Dogecoin rebounded from a low of $0.09335 to reclaim the $0.10 level, hitting an intraday high of $0.1057 and gaining more than 7% in 24 hours, outpacing Bitcoin's 4.35% increase over the same period, CoinMarketCap data show.