XRP spot exchange-traded funds (ETFs) have reached a significant milestone, with total net assets under management crossing $1.25 billion. This growth was fueled by a recent inflow of $8.19 million from institutional investors, reinforcing a trend where professional capital is building positions through regulated vehicles rather than chasing short-term spot momentum.
Despite this steady institutional demand, XRP's price action remained muted, slipping from $1.88 to $1.86. The asset is currently trading within a tight $1.85–$1.91 range. Sellers have repeatedly defended the $1.9060–$1.9100 resistance zone, with a notable rejection occurring on above-average volume of 75.3 million XRP, approximately 76% higher than average.
The market is characterized by a clash of forces: supportive long-term ETF inflows versus near-term traders selling into strength around the $1.90–$1.91 level. This has created a consolidation pattern with "distribution overhead." Analysts note that bids near $1.86–$1.87 have consistently appeared, preventing a more significant downturn, with ETF flows acting as a market stabilizer.
The broader crypto market context saw Bitcoin's attempted rebound lack follow-through during U.S. trading hours, contributing to a risk-off, range-bound environment for major cryptocurrencies.
