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XRP ETFs Slow as XRP Rebounds Above the $1 Level

Key Insights:

  • XRP ETFs posted just $2.62M in weekly inflows.
  • The price of XRP held the $1 zone after sharp market volatility.
  • XRPL activity offered support as momentum stayed weak.

XRP ETFs saw their weakest weekly inflow since launch, as momentum cooled, even as XRP rebounded above $1. The funds added only $2.62 million last week, indicating that institutional demand remained positive but was much softer. XRP also climbed 4.14% in 24 hours to $1.13, outperforming a broader market rebound.

The move followed a deep sell-off that pushed the token toward the $1 psychological level. Traders now face a mixed setup. ETF demand remains green, but price momentum has not confirmed a full trend reversal.

XRP ETFs Stay Green Despite Heavy Market Pressure

The latest ETF data shows a rare bright spot for XRP during a difficult week. Spot XRP products still ended with net inflows, despite one red day on June 3. That session saw $5.34 million in withdrawals. Inflows of $4.13 million on June 1 and $3.83 million on June 4 helped offset the damage.

XRP ETFs | Source: CoinGlass
XRP ETFs | Source: CoinGlass

The final weekly total was small compared with earlier activity. XRP ETFs drew much stronger demand in their first weeks of trading. Some reports noted that the products attracted more than $1 billion in just over a month after launch.

This is a relative slowdown, as demand for ETFs often signals institutional conviction. Positive flows indicate that the purchasing public has not totally withdrawn. However, weaker inflows also suggest less urgency at current prices. For now, the ETF market is offering support rather than strong upside pressure.

Bitwise continues to lead the category in terms of holdings. Canary Capital remains close behind. Combined cumulative flows still reached a fresh high above $1.43 billion. That makes XRP ETFs one of the few areas of crypto funds still showing resilience.

XRP Price Bounce Looks Technical Rather Than Decisive

XRP price action remains fragile despite the rebound. The token fell from around $1.33 to nearly $1.05 during the latest selloff. That drop brought XRP near its lowest level since late 2024. The move also placed heavy attention on the $1 support area.

The rebound appears mainly technical. XRP’s daily RSI had dropped to 18.62, a deeply oversold level. These are usually accompanied by relief bounces, particularly when selling aggressively. Yet the price still trades below major moving averages, which keeps the broader trend under pressure.

A move above $1.20 would be an early sign of better demand. That level sits near the short-term moving average zone watched by traders. If XRP holds above $1, buyers could target the $1.20 to $1.36 range next.

XRP/USD daily chart | Source: CoinMarketCap
XRP/USD daily chart | Source: CoinMarketCap

A break below $1 would quickly change the setup. It could trigger a deeper correction in XRP toward $0.85. That is why the current bounce remains cautious, not confirmed.

XRP ETFs Watch XRPL Growth and Regulatory Triggers

Network activity has helped cushion sentiment. XRP Ledger daily active users reportedly topped 200,000 on June 5, the highest level since March. That suggests usage improved while price action remained weak. Activity could help strengthen the case in the longer time frame, even if short-term traders are on charts.

However, during widespread market stress, network growth can at best be a non-issue. Bitcoin’s stability is significant; with BTC up over $62,000, there may be room for altcoins to rally. Though ETF inflows and on-chain activity are positive, XRP could be susceptible to renewed selling pressure if Bitcoin falls.

Another catalyst is regulation. In 2026, traders are monitoring the developments of the CLARITY Act. Better regulations for digital assets would increase the XRP ETFs and other token-related products.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Glory Kaburu
Glory Kaburu
Glory Kaburu is a crypto journalist with nearly six years of experience covering blockchain, digital assets, market analysis, price predictions, and Web3 news. Her work has appeared across Cryptopolitan, Crypto News Flash, ETHNews, CoinGape, and The Coin Republic. She holds a Bachelor of Education in English Literature and Linguistics from the University of Nairobi, supporting her strong research skills, industry knowledge, and careful reporting on topics that can influence readers’ financial decisions.