Institutional investors have continued to accumulate XRP through regulated exchange-traded funds, pushing ETF vault holdings to 923 million tokens — just shy of the 1 billion milestone. According to ETF data, the amount of XRP locked in these investment vehicles rose from 772 million in February to 923 million in June, marking a 151 million token increase over four months.
The growth occurred despite XRP trading below its previous highs, a period when retail sentiment often weakens. Yet institutional demand remained resilient: U.S. spot XRP ETFs have attracted $1.43 billion in cumulative net inflows, with total net assets reaching $948.98 million — approximately 1.39% of XRP’s total market capitalization. On June 10 alone, these products recorded a net inflow of $1.19 million, and subsequent data showed inflows climbing to $1.44 billion across seven live U.S. funds, including a daily addition of $6.75 million on June 11.
Among the ETF issuers, Bitwise manages the largest allocation with $288.16 million in net assets, followed by Canary with $245.76 million and Franklin with $237.70 million. Franklin’s fund was responsible for the most recent daily inflow, adding about 1.09 million XRP. The steady accumulation signals that professional investors are treating XRP as a longer-term allocation, concentrating supply within long-term investment structures and potentially reducing the liquid float available on exchanges.
From a technical standpoint, XRP price hovered near $1.11 on June 11, with buyers defending the $1.10 zone. The token briefly broke above $1.12 before pulling back, while the $1.05 level serves as immediate support. Analysts note that XRP remains below its 50-, 100-, and 200-day moving averages, keeping the chart in a cautious stance despite the institutional demand. A clean daily close above $1.12 would improve the near-term outlook, while a breakdown below $1.05 could challenge the $1.00 psychological level.
Additional bullish signals include a falling wedge pattern identified by EGRAG Crypto, with an upper boundary near $1.66, and a Tom DeMark Sequential buy signal on the three-day chart flagged by analyst Ali Martinez. However, XRP has lagged behind broader crypto benchmarks, suggesting that selling pressure may still be present elsewhere. The interplay between robust ETF inflows and uncertain price action underscores the growing importance of institutional metrics in gauging XRP’s long-term adoption trend.
