Ripple ETF demand has faded as XRP's price plummets 11% weekly.

crypthub

about 4 hours ago

XRP ETF Performance and Price Decline

XRP ETFs have shown weak performance, with minimal net inflows and a 10% weekly price drop. Initial enthusiasm, like Canary Capital’s XRPC breaking trading volume records, faded as inflows plateaued and outflows surged. Investors withdrew $40.64 million and $52.26 million in consecutive weeks, signaling declining interest.

Recent ETF Inflow Trends and Market Inactivity

ETF activity has stagnated, with two weeks reporting zero daily flows, including February 11, 2025. Recent weeks saw $2.21 million outflows and $4.05 million inflows, while US holidays reduced trading days, keeping cumulative inflows flat at $1.23 billion.

XRP Price Volatility and Analyst Insights

XRP briefly spiked to $1.65 but fell to $1.40, with short traders dominating. Santiment’s analysis suggests XRP may be undervalued, citing the 30-day MVRV ratio. Historical data indicates realized losses could trigger a rebound, similar to the 114% surge in 2022.