XRP Rises Amid ETF Inflows and Regulatory Uncertainty

XRP has been trading steadily above its short- and medium-term moving averages, indicating a strong bullish tone in recent hours. The token's price is currently holding near today's intraday high at $1.0858, up 2.63% for the session.

One key factor contributing to XRP's positive momentum is the resurgence of institutional interest, as US spot XRP exchange-traded funds (ETFs) have attracted a cumulative $1.50 billion in inflows and reached $1.00 billion in net assets as of July 27.

Despite regulatory uncertainty surrounding the CLARITY Act vote and the SEC's stance on digital asset rules, large whale transfers to major exchanges have boosted near-term liquidity and sustained institutional demand for XRP.