XRP Price Takes a Hit as ETF Inflows Slow and RLUSD Momentum Fades

XRP has remained in a deep bear market, hovering near its year-to-date low as ETF inflows slow and momentum surrounding Ripple USD (RLUSD) fades.

The token was trading at $1.0424, just a few cents above its year-to-date low of $1.007. XRP token has remained on edge and underperformed top coins like Bitcoin (BTC) and Ethereum (ETH).

Data shows that XRP ETF have lost momentum in the past few months, with inflows slowing down significantly. In July, these funds added $27 million, down from $59 million in June and $131 million in May this year.

The contrast between XRP and other assets is striking: spot Bitcoin ETFs added over $800 million this week, while Ethereum funds had $244 million in inflows.