XRP Price Struggles Amid Regulatory Uncertainty

XRP's price has been struggling despite continued inflows into XRP ETFs. The token fell 5% last week to around $1.03, while other major cryptocurrencies gained between 1% and 4%. This discrepancy suggests that regulatory uncertainty is weighing on XRP.

According to SoSoValue data, weekly XRP ETF inflows dropped by about 93% from the previous week to roughly $1 million. This slowdown in investment could be a key factor behind XRP's weak price performance.

The US Senate has delayed consideration of the CLARITY Act, a crypto market structure bill that could provide clearer rules for digital assets. The delay has kept investors cautious about the regulatory outlook for XRP and other cryptocurrencies.