The streak without major outflows has now lasted for more than three consecutive weeks.
While most exchange traded funds tied to major cryptocurrencies experienced a difficult and volatile week, the funds tracking XRP continued to record positive inflows.
Despite the steady investor interest, however, XRP itself failed to gain strong upward momentum and even dropped to a multi month low before posting a modest rebound today.
Ripple ETFs Stand Out Amid Broader Market Weakness
Spot XRP ETFs recorded net inflows of slightly more than $22 million during the previous business week. This marked the third straight week of positive flows since the streak began in May.
According to data from SoSoValue, the last trading session that saw more outflows than inflows for XRP related ETFs was on April 30.
Although the latest $22 million inflow was smaller than some previous weeks, the performance stood out because many crypto related ETFs faced heavy withdrawals during the same period.
As previously reported, spot bitcoin ETFs suffered their worst trading week since late January, with more than $1.25 billion leaving the funds.
Ethereum ETFs also struggled, recording net outflows of approximately $216 million. While that figure was slightly lower than the previous week’s $255 million in withdrawals, the ETH funds have not recorded a single positive day since May 8.
In contrast, ETFs linked to SOL attracted more than $15.5 million in inflows. Meanwhile, the two funds tracking Hyperliquid’s HYPE token brought in over $72 million as the asset surged to a new all time high above $63.
XRP Price Struggles Despite Positive ETF Momentum
Although investor demand for Ripple related ETFs remained strong, XRP’s market price failed to capitalize on the positive sentiment.
After facing rejection near $1.55 last week, XRP quickly turned lower and began the new trading week around $1.42.
The token continued declining alongside the broader crypto market before plunging below $1.30 yesterday.
That drop pushed XRP to its lowest price level in more than six weeks and represented a decline of roughly 15 percent from the rally peak near $1.55 recorded on May 17.
Over the past 24 hours, XRP has managed to recover slightly and is now trading close to $1.35. The rebound appears to have been supported by improving sentiment surrounding recent developments in the conflict between the United States and Iran.
However, crypto analyst Ali Martinez warned that XRP has broken below the rising support line of a symmetrical triangle pattern on the daily chart.
According to Martinez, failure to reclaim the $1.40 level in the near term could trigger another sharp decline, potentially sending the token down toward $1.14.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
