Connect with us

Hi, what are you looking for?

Business

XRP Sees $64M ETF Inflow Amidst Weak Altcoin Performance

XRP”s price rises as institutional interest grows, with $64 million inflow in ETFs despite a stagnant altcoin season.

The cryptocurrency XRP has experienced an uptick of almost 1.4% on December 29, 2025, driven by significant inflows into its spot ETFs. Over the past week, specifically from December 22 to 26, XRP spot ETFs attracted $64 million, highlighting a robust interest from institutional investors, according to data from SoSoValue. This trend stands in stark contrast to the $782 million outflow from Bitcoin ETFs, indicating a shift in investor sentiment favoring XRP.

At the time of reporting, the price of XRP was noted at $1.89, reflecting a 1.39% increase over the last 24 hours, based on figures from CoinMarketCap. Notably, the Franklin XRP ETF (XRPZ) led the inflows among its peers, garnering $28.6 million, contributing to a total net inflow of $231 million since its inception. This continued demand suggests a sustained institutional commitment to XRP, especially as there have been no outflows recorded from these ETFs to date.

Despite a broader uptick in the cryptocurrency market, the Altcoin Season Index remains stagnant at 18 out of 100, indicating limited excitement across the altcoin space. However, the influx of institutional funds into XRP signifies a potential divergence from this trend, positioning it uniquely among other altcoins that lack similar backing.

Technical indicators suggest cautious optimism. XRP has managed to maintain key support levels, bouncing back from a 7-day simple moving average (SMA) of $1.86 and a pivot point near $1.87. The MACD histogram has turned positive, suggesting a short-term bullish momentum with a value of +0.0046. However, the trading volume remains subdued at $1.6 billion, significantly below its 30-day average by 37%, indicating that retail investors remain cautious despite institutional activity.

The Fibonacci retracement level at $2.00 now stands as a critical resistance point. The relative strength index (RSI) at 40.14 suggests that the market is not currently oversold. A decisive break above the $1.98 level could propel XRP towards $2.10; conversely, failure to breach these levels may lead to a decline towards the $1.80 mark.

While Bitcoin maintains a dominant market share of around 59%, some altcoins, including XRP and others like Solana and Cardano, have shown positive movement recently. This selective rotation into specific altcoins is a typical behavior as the year draws to a close, with traders seeking targeted opportunities amidst lower overall trading volumes.

In summary, the recent $64 million inflow into XRP ETFs underscores a strong institutional appetite, reinforcing investor confidence in the cryptocurrency. Monthly inflows of $666.61 million in November and $470.35 million in December further demonstrate ongoing interest, positioning XRP as a key player in the cryptocurrency landscape, even as the broader market remains in a cautious state.

You May Also Like

Markets

Bitcoin"s value against gold has reached a critical support level; will it bounce back?

Top Stories

BitRss provides real-time updates and curated content for the crypto community around the clock

Altcoins

XRP is poised to play a crucial role in a $30 trillion market for tokenized assets, reshaping finance.

Regulation

Nvidia"s stock drops sharply after the US bans AI chip sales to China, impacting growth plans.

Altcoins

LivLive offers a 200% bonus in its presale, making it a standout option for investors seeking affordable crypto.

Bitcoin

Bitcoin"s price has dropped below the critical $100,000 level, raising concerns among investors.

Markets

Ethereum struggles to maintain a $3.2K floor amidst significant DeFi market outflows and low buying conviction.

Altcoins

Ripple, XRP, and the XRP Ledger are distinct entities crucial for cross-border payments.

Markets

AVAX is currently trading between $21.40 support and $23.50 resistance levels, with potential for short-term recovery.

Markets

Dogecoin"s open interest has fallen to its lowest in six months, signaling potential price volatility ahead.

Regulation

Finland will adopt the OECD"s Crypto-Asset Reporting Framework to enhance crypto transaction transparency by 2026.

Business

Ripple"s recent achievements spark discussions on an IPO, though the company denies any immediate plans.

Copyright © 2024 COINNEWSBYTE.COM. All rights reserved. This website provides educational content, emphasizing that investing involves risks. Ensure you conduct thorough research before investing and be ready for any potential losses. For those over 18 and interested in gambling: Online gambling laws differ across countries; adhere to your local regulations. By using this site, you agree to our terms, including the presence of affiliate links that do not impact our evaluations. Cryptocurrency offers on this site are not in line with UK financial promotion regulations and are not aimed at UK consumers.