Spot XRP exchange traded funds returned to positive territory last week after ending a two month inflow streak with their first weekly outflow in early July. While fresh capital has started flowing back into the funds, a noticeable slowdown in overall investor activity is becoming increasingly difficult to ignore.
Inflows Recover After Brief Setback
For nearly two months, XRP ETFs consistently attracted new investment even as spot Bitcoin and Ethereum ETFs experienced billions of dollars in net outflows. During that period, XRP funds recorded nine consecutive weeks of positive inflows, bringing in close to $200 million.
That streak came to an end during the second week of July, when investors withdrew just over $7 million, marking the first weekly net outflow in more than two months.
The latest trading week, however, saw sentiment improve. XRP ETFs recorded net inflows of approximately $6.78 million, nearly erasing the previous week’s losses and pushing cumulative net inflows back to a record high of almost $1.5 billion.
Among the issuers, Bitwise continues to strengthen its lead over Canary Capital. Bitwise’s XRP ETF now manages nearly $500 million in assets under management, while Canary Capital’s XRPC holds just under $470 million.
A Slowdown Beneath the Surface
Despite returning to positive territory, the week’s inflow figures reveal a less encouraging trend.
The entire $6.78 million in net inflows came from a single trading session on July 16. According to SoSoValue, the remaining four trading days recorded no measurable fund flows.
Even more notably, seven of the last ten trading sessions have ended with zero net inflows or outflows, suggesting that trading activity and investor participation have cooled considerably.
Seasonal factors may be contributing to the slowdown, as trading volumes often decline during the summer months while investors wait for stronger market catalysts. XRP’s muted price performance has also likely weighed on demand. The token has repeatedly failed to break above the $1.10 resistance level, remains down about 3% over the past month, and its market capitalization continues to sit below $70 billion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
