XRP ETF Inflows Slow as Token Struggles to Defend Key Support Level
US spot XRP ETFs continue to attract net inflows, but recent demand has slowed significantly. The funds recorded a $592,470 net inflow on July 27, lifting cumulative inflows to around $1.50 billion.
Total net assets stood at $1 billion, while daily trading value reached $12.63 million. However, the decline in XRP's price has reduced the value of ETF holdings, causing total net assets to fall from $1.06 billion on July 21 to $997.25 million on July 24.
The technical indicators show that sellers remain in control, with XRP trading below its 20-day EMA and 50-day EMA. The Relative Strength Index (RSI) dropped to 41.06, indicating bearish momentum remains intact.