XRP experienced extreme volatility last week, briefly plunging to $1.11 before rebounding to $1.54, where it faced resistance and now hovers above $1.40. Despite these wild swings, investors in Ripple ETFs remained largely unfazed by the market turmoil.
Data from SoSoValue shows that XRP ETFs ended the week in positive territory, even though the underlying token suffered steep losses. After a heavy outflow of nearly $93 million on January 29, ETF inflows stabilized, with $19.46 million added on Tuesday, $4.83 million on Wednesday, and $15.16 million on Friday. Overall, spot XRP ETFs saw cumulative net inflows rise from $1.18 billion to $1.22 billion by February 6, a gain of around $40 million. In contrast, spot Ethereum ETFs lost approximately $170 million and Bitcoin ETFs dropped $358 million in the same period.
The recent XRP price action was dramatic. After falling from $1.75 to $1.50 last Saturday, it continued downward, hitting $1.11 on Friday, representing a 50% decline in just a month. However, the token quickly recovered, rising 40% to $1.54 in a matter of hours, demonstrating that ETF investors were largely holding steady and not contributing to the volatility.
The resilience of XRP ETF investors highlights strong market confidence in the funds, even during intense price swings and broader crypto market declines.
