Trader sentiment toward XRP has turned bullish on social media, while inflows into XRP exchange-traded funds continue. XRP is currently trading between $1.99 and $2.17, with a current price of $2.03. Optimism on social media is at its highest for the year.

XRP spot exchange-traded funds have seen 19 consecutive days of net inflows, totaling over $20.1 million on Friday. The cumulative total inflows are nearly $974.5 million, with total assets under management reaching about $1.18 billion. The strongest day for XRP ETF inflows was Nov. 14, with $243 million.

Ripple was approved for a national trust bank charter by the US Office of the Comptroller of the Currency, along with Circle. Ripple recently raised $500 million at a $40 billion valuation and has been expanding into the stablecoin market, as well as acquiring companies in brokerage and treasury management.

Read more at CoinTelegraph: XRP Bulls Gaining Confidence as Social Sentiment Turns Positive