EL7.AI
CryptoUpdated•Originally published 1 July 2026•Updated 1 July 2026•
1 min read

XRP and HYPE funds attract over $220M in June despite XRP price falling 18%

Key Facts

1XRP-linked ETFs added $59.4 million in net inflows in June, a third consecutive month of inflows.
2HYPE funds recorded $161 million in net inflows during the same period.
3The pace of XRP inflows slowed compared to the previous two months, according to SoSoValue data.

Altcoin-focused ETFs saw record inflows in June, with XRP and HYPE funds together attracting over $220 million, per CoinDesk data. But XRP's price dropped 18% during the same month, raising questions about the effectiveness of these inflows in supporting prices, despite a third consecutive month of positive ETF flows.

This divergence between flows and price comes as XRP recorded a rare bullish RSI divergence while testing a year-long trendline. While the divergence signals potential upside momentum, the sharp 18% decline highlights weak spot demand despite institutional interest via ETFs.

Traders are watching whether the year-long trendline will break lower or if the RSI signal drives a rebound. With bitcoin and ether ETFs still seeing outflows, the focus is on whether XRP can convert its fund inflows into positive price action in July.