XRP ETF Inflows Continue Despite Token's 40% Drop in Value
Despite XRP-backed exchange-traded funds (ETFs) drawing $27.29 million in July and maintaining a four-month streak of net inflows, the price of XRP has fallen nearly 40% since January 2026. Cumulative ETF inflows now total around $1.5 billion, making it the largest altcoin product by this metric. However, institutional buying hasn't translated into higher prices for XRP. The continued outperformance in inflow volume is notable as other smaller altcoins saw no net flows during July. Analysts suggest that price pressure may stem from specific sellers like Grayscale CEO Peter Mintzberg, who filed to sell his shares at a lower valuation than previous insiders did earlier this year. Additionally, XRP has hit record oversold levels on technical indicators. Competition for capital also plays a role; Solana and Hyperliquid ETFs have seen significant inflows in recent months, while Bitcoin and Ethereum funds remain dominant. The broader altcoin market's performance may ultimately determine whether institutional demand translates into price recovery.