- Spot XRP ETFs recorded $2.62 million in net inflows despite a difficult week across crypto markets.
- XRP’s price still fell roughly 21%, dropping from $1.33 to near $1.05 during the selloff.
- Analysts remain optimistic long term but warn that a temporary dip below $1 could still happen if market weakness persists.
It was one of those weeks crypto investors would rather forget. Prices tumbled across the board, billions were wiped from the market, and even some of the industry’s most established assets struggled to find support. XRP, backed by one of crypto’s most vocal and dedicated communities, certainly wasn’t immune. The token suffered a sharp decline alongside the rest of the market. Yet beneath the surface, there was one surprising bright spot that managed to stand out.
While most major crypto investment products bled capital, spot XRP exchange-traded funds in the United States quietly finished the week with net positive inflows. The numbers weren’t spectacular, and they certainly didn’t resemble the explosive demand seen shortly after launch. Still, in a week dominated by fear and selling pressure, finishing in the green was an achievement few crypto ETFs could claim.
XRP ETFs Continue Attracting Capital
The inflows themselves were relatively modest. Spot XRP ETFs recorded roughly $2.62 million in net inflows over the course of the week. On paper, that may not sound particularly impressive. But context matters. Bitcoin ETFs, for example, experienced approximately $1.7 billion in net outflows during the same period, highlighting just how difficult market conditions became.
Looking closer at the daily figures reveals a mixed but ultimately positive picture. June 3 was the only trading day that recorded meaningful withdrawals, with investors pulling about $5.34 million from XRP-focused funds. However, those losses were offset by healthier inflows earlier and later in the week. June 1 brought in $4.13 million, while June 4 added another $3.83 million. The remaining sessions were largely quiet, showing little to no significant movement.
As a result, cumulative inflows across XRP ETFs climbed to a fresh record above $1.43 billion. Competition between issuers remains tight, though Bitwise’s XRP fund has managed to maintain a slight advantage. The fund now oversees roughly $467 million in assets, edging out Canary Capital’s XRPC product, which sits close behind at approximately $458 million. The race remains remarkably close, but for now Bitwise holds the lead.
XRP Price Tells a Different Story
Unfortunately for XRP holders, ETF resilience wasn’t enough to shield the token itself from the broader market downturn. As Bitcoin plunged from above $73,000 to near $59,000 during the week, XRP followed the same downward trajectory. The asset fell from roughly $1.33 to $1.05, erasing around 21% of its value in just a matter of days.
The decline pushed XRP to its lowest level since late 2024, shortly after the powerful rally that followed the U.S. presidential election. For many investors, that move was particularly painful because it brought the token dangerously close to the psychologically important $1.00 support level. Markets often attach outsized importance to round numbers, and XRP was no exception.
Although buyers eventually stepped in, the rebound has been fairly muted so far. XRP remains stuck below $1.10, suggesting traders are still cautious after the recent wave of selling. Confidence has improved slightly, but conviction remains limited until broader market conditions begin to stabilize.
Analysts Remain Cautiously Optimistic
Despite the recent weakness, some analysts continue to maintain a constructive long-term outlook on XRP. Many believe the asset still has room to recover once market sentiment improves and liquidity returns to the crypto sector. However, even some of XRP’s strongest supporters are warning investors not to dismiss the possibility of further downside.
Popular market analyst EGRAG CRYPTO recently suggested that a temporary move below the $1 mark could still occur if overall market conditions continue to deteriorate. In his view, XRP’s long-term structure remains intact, but short-term risks have increased considerably. Without a broader recovery across digital assets, maintaining support above key psychological levels could become increasingly difficult.
For now, XRP finds itself in an unusual position. Investor demand through ETFs remains surprisingly resilient, yet the token’s price continues to struggle under the weight of broader market pressure. Whether ETF inflows eventually translate into stronger price performance remains one of the biggest questions facing XRP investors in the weeks ahead.
