Strong institutional interest in spot XRP ETFs brought in nearly $1 billion in capital inflows in just a few weeks. Despite this, the price of XRP fell below the key $2 threshold. The market is thus grappling with the paradox between growing investor demand and weakening price performance.
Billions are flowing into XRP ETFs, but the price is falling
Spot XRP ETFs based in the US have seen twenty consecutive days of capital inflows, with total investments reaching approximately $990 million and assets exceeding $1.2 billion. Franklin XRP ETF accounted for the largest share of the growth, followed by Bitwise and Canary funds. This development confirms growing institutional interest in XRP, which is more pronounced than in some Bitcoin and Ether ETFs.
Despite strong inflows, however, the price of XRP failed to stay above the psychological threshold of $2. The cryptocurrency has weakened by more than 11% over the past ten days and has fallen below this level again. Technical data shows that the market is currently testing the $1.93 zone, where, according to on-chain data, investor support is limited.
Support is weakening, with other key XRP levels significantly lower
An analysis of buying levels suggests that there is only a weak defense zone below the $1.90 mark. More significant support lies around $1.78, where historically large amounts of XRP have been purchased. If this level is broken, the price could move towards the $1.61 area, or even the 200-week moving average near $1.40, which is considered the last significant support.
Momentum indicators, including the RSI, signal continued market weakness and the lowest values since the summer of 2024. Nevertheless, the long-term outlook remains uncertain. Institutional interest through ETFs indicates confidence in XRP, but short-term price developments will depend on the market’s ability to maintain key support levels and overall sentiment in the cryptocurrency sector.
