XRP-focused exchange-traded funds (ETFs) have experienced a significant slowdown in investor inflows after an initial boom, with recent weekly additions totaling just $9.55 million. Meanwhile, the cryptocurrency itself exhibited intense volatility following geopolitical tensions and continues to contest BNB for market position as analysts watch a key technical resistance level near $1.38.
The recent performance of spot XRP ETFs stands in stark contrast to their initial surge. After the first such product from Canary Capital launched in mid-November, cumulative net inflows rapidly reached $1 billion within a month, but only an additional $240 million has entered in the over two months since.
Although a streak of days with zero inflows ended recently, activity remains modest. The funds recorded net inflows of $3.04 million, $3.09 million, $1.22 million, and $2.21 million across four trading days last week, amounting to a total of $9.55 million.
Concurrently, the price of XRP faced sharp volatility on Saturday, dropping from $1.43 to $1.27 amid geopolitical events before recovering. Popular crypto analyst CryptoWZRD noted the asset closed with a “dragonfly doji candle and respected the $1.30 daily support.”
The analyst stated that XRP could continue higher only if it manages to close weekly above the $1.3820 resistance level. At the time of reporting, the asset was trading just below that line but had retaken its fourth-place market cap ranking from BNB after a brief flip during the volatile session.
