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CoinDesk·3 min read·medium

XRP is getting left behind in the crypto bounce even as ETFs keep attracting investor money

O
Omkar Godbole
XRP is getting left behind in the crypto bounce even as ETFs keep attracting investor money
✦AI Summary

XRP has underperformed the broader cryptocurrency market, dropping 5% while other major assets saw gains despite continued, albeit slowing, inflows into XRP ETFs. Analysts attribute this price stagnation to regulatory uncertainty surrounding the CLARITY Act and a wait-and-see approach from institutional investors.

Why it matters

The divergence between XRP's price action and its institutional fund inflows highlights how regulatory hurdles can suppress market sentiment even when long-term structural adoption remains a focus for industry professionals.

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Payments-focused cryptocurrency XRP dropped about 5% to $1.03 last week, even as bitcoin BTC $ 65,001.69 , ether ETH $ 1,918.63 , and solana (SOL) each climbed 1% to 4%. The broader crypto market added 1.4%, pushing total market capitalization to $2.19 trillion. XRP is currently hovering near $1.03.

The underperformance is puzzling because XRP exchange-traded funds still attracted net investor capital for a fourth consecutive week. The inflows, however, have slowed sharply, collapsing roughly 93% week-over-week to around $1 million, according to data source SoSoValue. Meanwhile, bitcoin and ether funds pulled in hundreds of millions.

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