XRP Struggles Despite Continued ETF Inflows
XRP's price fell 5% last week to around $1.03 despite continued ETF inflows, which are typically seen as a bullish sign.
The token has struggled to keep pace with the broader crypto market, with Bitcoin, Ethereum, and Solana gaining between 1% and 4% during the same period.
Weekly XRP ETF inflows dropped by about 93% from the previous week to roughly $1 million, a major slowdown compared to other assets like Bitcoin and Ethereum.
Regulatory uncertainty is also weighing on XRP, with the US Senate delaying consideration of the CLARITY Act until at least September. The delay has kept investors cautious about the regulatory outlook for XRP and other cryptocurrencies.