Crypto
XRP Price Stuck Despite $8.15M Weekly ETF Inflows
XRP's price remains stuck around $1.10 despite strong institutional demand, as evidenced by $8.15 million in weekly ETF inflows.
The funds flow into XRP spot ETFs, with Franklin Templeton's XRPZ leading the way at $5.66 million, lifting its cumulative inflows to $421 million.
Total net assets across XRP spot ETFs now stand at $997 million and have reached a cumulative historical net inflow of $1.49 billion, representing about 1.46% of XRP's total market capitalization.
The steady institutional accumulation suggests persistent selling is absorbing fresh capital, making any breakout dependent on buyers finally overwhelming that supply.