XRP Sees $20.17M Inflows, Yet Price Remains Around $2

XRP is currently experiencing significant institutional interest, particularly through Spot XRP ETFs, which have logged 19 days of consecutive inflows totaling $20.17 million recently. This has pushed cumulative inflows to $990.91 million, nearing the $1 billion mark, with assets under management exceeding $1.18 billion.

Institutional investors show a sustained appetite for XRP despite its price stability around $2.
Spot XRP ETFs demonstrate continuous accumulation, contrasting with outflows in Spot Ethereum ETFs.

Bullish Sentiment and Price Dynamics

Retail sentiment towards XRP is increasingly optimistic, as indicated by market intelligence from Santiment.
XRP ranks among the most positively discussed assets, with strong commentary on platforms like X, Telegram, Reddit, and Discord.

Despite positive sentiment and institutional inflows, XRP's price remains range-bound due to sufficient sell-side activity absorbing demand. For a decisive price movement, inflows would need to expand significantly. The key indicator of sentiment improvement is XRP's ability to maintain above $2 in upcoming sessions.

XRP