XRP Slips Behind in Crypto Bounce Despite Continued ETF Interest

XRP's price took a hit last week, dropping about 5% as the broader crypto market added 1.4% to its value. The total market capitalization now stands at $2.19 trillion.

The underperformance is puzzling given that XRP exchange-traded funds (ETFs) still attracted net investor capital for a fourth consecutive week, albeit at a significantly slower pace than before. Inflows collapsed roughly 93% week-over-week to around $1 million, according to data source SoSoValue.

Regulatory uncertainty is cited as one of the reasons behind XRP's price apathy. The Senate has delayed consideration of the CLARITY Act, which many view as crucial for clarifying XRP's status and unlocking broader institutional participation.