Spot XRP exchange-traded funds have attracted nearly $7 million in fresh inflows this week, pushing cumulative flows past $1.26 billion since their November 2025 launch—even as the token’s price remains stuck below $2, underscoring a disconnect between institutional demand and spot market sentiment.
The inflows, led by Franklin Templeton’s XRPZ and Grayscale’s GXRP, extended an uninterrupted 33-day streak of positive flows, contrasting sharply with recent outflows from Bitcoin and Ethereum ETF products.
Price action fails to reflect inflows
Despite the persistent ETF demand, XRP’s spot price has failed to stage a convincing breakout above the psychologically significant $2.00 level, trading near $1.87 at the time of writing.
This price action underscores the disconnect between regulated capital flowing into ETFs and trading behavior in the broader spot market.
Technical indicators suggest bearish momentum: relative strength metrics point below neutral, and short-term moving averages remain above current prices, indicating sellers retain control near resistance bands.
Market participants note that inflows into ETFs do not mechanically translate to immediate spot purchases, custodial rebalancing and settlement timing can delay the impact on underlying token demand.
“ETF growth is a structural positive. But it’s a medium- to long-term force, not a short-term price trigger.” Jamie Coutts, Head of Research at CryptoQuant highlighted.
The current mismatch leaves traders at a crucial juncture: mustering enough buying pressure to propel XRP through technical resistance or seeing price action dictate a deeper pullback before sustained gains can materialize.
Macro backdrop and comparative flows
XRP’s inflow performance contrasts sharply with other major crypto ETFs.
While Bitcoin and Ethereum products have experienced bouts of capital outflows in recent weeks, XRP-linked ETFs have maintained a near-continuous inflow streak, reflecting divergent investor sentiment across the broader crypto ETF landscape.
This trend has seen XRP ETFs accumulate more than 33 consecutive days of positive flows, dwarfing the intermittent patterns observed in flagship BTC and ETH funds.
Analysts point to regulatory clarity and renewed institutional appetite for diversified digital asset exposure as two drivers behind the sustained interest.
Major issuers including Canary Capital, Bitwise, and Franklin Templeton, launched their XRP ETFs on U.S. exchanges in November 2025.
Also, after the Securities and Exchange Commission (SEC) signaled an acceptance of spot crypto products following earlier approvals for Bitcoin and Ethereum.
However, market indicators such as rising yields in traditional markets and macro-driven risk aversion continue to influence crypto trading behavior, often overshadowing isolated trends in individual token flows.
This headwind may explain why XRP’s price range has held stubbornly in a narrow band despite institutional accumulation via ETFs.
What’s next for XRP traders?
The coming weeks are shaping up as a make-or-break period for XRP’s price trajectory.
Should the token break decisively above the $2.00–$2.10 resistance cluster, analysts say it may validate a shift toward renewed bullish momentum, potentially supported by continued ETF inflows and tightening float.
Conversely, a failure to clear that threshold could reinforce bearish sentiment and trap prices in a protracted consolidation.
Further inflow data, especially if flows accelerate beyond the recent $7 million daily pace will be closely watched by market observers.
For long-term investors, the evolving ETF landscape reinforces the narrative that XRP is gradually earning institutional legitimacy.
Also, for short-term traders, however, price action on exchanges remains the dominant factor shaping risk and reward.
Crypto investors should continue monitoring ETF flow metrics, on-chain supply dynamics, and macro risk trends as composite indicators of XRP’s next directional move.