XRP Under Pressure: Can ETF Inflows Outweigh Heavy Spot Selling?
The XRP market is facing a fierce tug-of-war. Despite institutional backing bringing in fresh capital, heavy spot-market selling has pushed the token down to $1.50 (an 8% drop over 24 hours), failing to hold the crucial $1.60 psychological level.
Key Market Takeaways
The ETF vs. Spot Mismatch: U.S. spot XRP ETFs pulled in a net $18.04 million in the previous session (led by Bitwise and Franklin Templeton), bringing cumulative inflows to roughly $1.67 billion.
The Volume Reality: While institutional interest remains steady, that $18.04 million inflow represented only about 0.44% of the massive $4.1 billion rolling 24-hour spot trading volume.
Broader Market Slump: XRP's daily range dropped from a high of $1.60 down to $1.46, trimming its market cap to $92 billion and dragging it down 5.6% against Bitcoin to 0.00001755 BTC.
The Big Question: If regulated institutional funds keep seeing steady demand, how long will it take for spot-market selling pressure to exhaust itself?
$ETH
What are your thoughts on XRP's current price action—are you buying the dip or waiting for confirmation at lower supports?
$BTC
The XRP market is facing a fierce tug-of-war. Despite institutional backing bringing in fresh capital, heavy spot-market selling has pushed the token down to $1.50 (an 8% drop over 24 hours), failing to hold the crucial $1.60 psychological level.
Key Market Takeaways
The ETF vs. Spot Mismatch: U.S. spot XRP ETFs pulled in a net $18.04 million in the previous session (led by Bitwise and Franklin Templeton), bringing cumulative inflows to roughly $1.67 billion.
The Volume Reality: While institutional interest remains steady, that $18.04 million inflow represented only about 0.44% of the massive $4.1 billion rolling 24-hour spot trading volume.
Broader Market Slump: XRP's daily range dropped from a high of $1.60 down to $1.46, trimming its market cap to $92 billion and dragging it down 5.6% against Bitcoin to 0.00001755 BTC.
The Big Question: If regulated institutional funds keep seeing steady demand, how long will it take for spot-market selling pressure to exhaust itself?
$ETH
What are your thoughts on XRP's current price action—are you buying the dip or waiting for confirmation at lower supports?
$BTC
