Core Viewpoint - The price of XRP has recently surged by over 11% to $2.37, driven by increasing spot ETF inflows and decreasing availability on traditional cryptocurrency exchanges [1][2][4]. Group 1: Spot ETF Inflows - Spot XRP ETF inflows have risen significantly, reaching $48 million in a single day, indicating a growing interest from investors [2]. - Total inflows into spot XRP ETFs have exceeded $1 billion over the past two months, suggesting a bullish sentiment among investors towards XRP [3]. Group 2: Exchange Availability - The availability of XRP on traditional cryptocurrency exchanges has dropped to multi-year lows, indicating that fewer investors are selling their tokens on exchanges [4]. - By holding XRP in personal wallets rather than on exchanges, investors are reducing the supply of available tokens, which can lead to increased demand and higher prices [5]. Group 3: Broader Market Trends - The recent surge in XRP's price may also be influenced by a broader rebound in the cryptocurrency market, beyond just the factors of ETF inflows and exchange availability [6].

Market Trends - Ethereum is outpacing Bitcoin [1] - Strong spot ETF inflows are contributing to Ethereum's growth [1] - Growing corporate treasury adoption is boosting Ethereum, as highlighted by JPMorgan [1]