XRP Price Drops 8.5% Despite Positive Spot ETF Inflows

Key Facts

1XRP price fell 8.5% to $1.46 despite spot ETFs recording net inflows.

2US spot XRP ETFs recorded daily net inflows of $18.04 million.

3Spot selling volume of $4.576 billion overwhelmed demand from regulated funds.

XRP price fell 8.5% to $1.46 despite spot ETFs recording net inflows. According to cryptonews.com, US spot XRP ETFs recorded daily net inflows of $18.04 million, yet this institutional interest failed to offset broader market declines.

Spot selling volume of $4.576 billion overwhelmed demand from regulated funds, leading to the price decrease. The significant gap between retail-driven spot selling and ETF-based buying suggests that massive liquidations in the open market dominated the asset's price action.