XRP's ETF Inflows Reach $1.71 Billion, But Price Struggles to Break Key Resistance

XRP ETFs have seen significant inflows of $1.71 billion over the past ten weeks, but XRP's price has struggled to break through key resistance levels.

The latest five-day period brought in $9.56 million, extending the streak of positive weekly inflows to 10 weeks. However, this demand has not been matched by a sustained rally in XRP's price, which has hovered around $1.49 after dipping as low as $1.25 following the CLARITY Act setback.

Despite the ETFs holding around $1.51 billion in net assets, the value of their holdings has not kept pace with the capital that initially flowed into the products. This disparity raises questions about the strength of institutional demand and whether it can overcome sellers sitting above the market.