XRP ETF Demand Surges, But Market Pressure Keeps Price Below $1.40

The recent surge in demand for XRP ETFs has attracted over $110.49 million in inflows, marking their best weekly performance since the beginning of the year.

This influx brings cumulative flows to nearly $1.66 billion, with Bitwise's fund holding first place with just over $600 million in net inflows since its launch.

However, despite this significant demand, XRP has fallen below $1.40 after rebounding to a several-month high near $1.70 dollars between August 19 and 22.

This contradiction reveals that flows into funds do not solely determine price, as sales on trading platforms, derivatives products, and overall market progress exert pressure greater than ETF-related acquisitions.