Macro Headwinds Clash with Steady XRP ETF Inflows
XRP's price slipped 2.29% over a 24-hour period due to macro-driven risk aversion, which pulled the token down alongside other digital assets.
The decline was not tied to any development related to Ripple's payment network or XRP's fundamentals, but rather a broader retreat from volatile assets amid geopolitical uncertainty and shifting policy expectations.
However, steady demand for spot XRP exchange-traded funds (ETFs) acted as a shock absorber, giving dip buyers reason to step in even as the broader mood turned defensive. Institutional capital continued to flow into XRP ETFs, according to flow data tracked on SoSoValue's US spot XRP ETF dashboard.
The session's dynamic was characterized by macro fear pushing prices down and ETF inflows pushing back, with neither force winning outright.