Crypto
XRP ETF Inflows Collapse by 93% Amid Regulatory Uncertainty
The weekly net inflow into US spot ETFs for XRP dropped to $1.01 million, a 93% decrease compared to $14.86 million the previous week.
This decline is significant, especially when compared to other funds, such as Bitcoin and Ethereum, which received large inflows during the same period.
The price of XRP also reacted to this weakness in fund flows, dropping to $1.01 but holding the psychological mark of $1.00.
The $1.05 level is now acting as resistance, and as long as the price remains below it, the recovery looks incomplete.