XRP Sees $1.2B ETF Inflows and Strong Institutional Support Amid Regulatory Progress Despite 2.3% Dip

XRPUSDT has seen notable price fluctuations in the past 24 hours, with the current price at 2.1248, opening at 2.1748 and recording a 2.30% decline. The recent price change is primarily attributed to profit-taking following a period of strong gains fueled by substantial net inflows into XRP spot ETFs, robust institutional participation, and positive regulatory developments including Ripple’s expansion in Europe and favorable legislative signals in the United States. Sustained ETF inflows, reaching over $1.2 billion since launch, have supported elevated trading activity, reflected in a 24-hour volume of $4.61 billion and a circulating supply of 60.7 billion XRP. Despite the slight daily pullback, XRP remains well-supported by high institutional demand and recent regulatory progress.