$1.7B Flows into XRP ETFs, But Can Institutional Demand Break Price Ceiling?

XRP's spot ETFs have seen $1.71 billion in cumulative net inflows over the past 10 weeks, but the token has struggled to sustain a rally.

The latest five-day period brought $9.56 million into XRP spot ETFs, extending the streak of positive weekly inflows.

XRP's price has not moved in lockstep with these flows, instead rallying towards $1.70 in August before falling sharply during September following a Senate vote on the CLARITY Act and a Fed rate hike.

The token is currently trading at around $1.49, with $1.50 being a key resistance area that has repeatedly capped rallies since August.