XRP Price Declines as Spot Selling Outpaces ETF Inflows

XRP is trading near $1.50, marking an 8% decline over the past 24 hours after failing to maintain the $1.60 support level. Despite U.S. spot XRP ETFs recording $18.04 million in net inflows during the latest session, the price drop suggests that spot market selling pressure is significantly outweighing institutional demand. The Bitwise XRP ETF led inflows with $11.54 million, while Franklin Templeton’s XRPZ added $6.50 million. However, total net assets across these funds decreased due to the lower token price, and the daily ETF inflows accounted for only about 0.44% of the $4.1 billion in total XRP spot trading volume.