XRP ETFs are soaring, volumes are exploding, but the token remains stuck below $2. It is already known that this is due to three mistakes, but what if the market is hiding a signal that no one sees coming?
Heading towards XRP ETFs
While the cryptocurrency market is going through a turbulent period, XRP ETFs stand out as one of the few products showing positive momentum. Contrary to the massive withdrawal observed in Bitcoin and Ethereum ETFs, which fell by 4.6 billion dollars between mid-November and mid-December, the exchange-traded funds linked to the altcoin have attracted nearly one billion dollars in net inflows since their launch on November 13.
According to SoSo Value, their total value has climbed to 1.12 billion and no redemption day has been recorded since their launch, an unprecedented performance since the arrival of Ethereum ETFs.
For Brad Garlinghouse, CEO of Ripple, this enthusiasm reflects a growing demand for regulated crypto products and the gradual opening of major traditional investment platforms. Institutional players like Vanguard are expanding their offerings to digital assets, attracting an audience seeking stability and compliance.
Despite these massive flows, the XRP price struggles to keep up: around $1.89, the asset has lost 5.32% over the period and remains behind bullish expectations.
Analysts observe that, despite institutional appetite, XRP remains under strong technical pressure. The price is barely holding above a crucial support zone at $2, a threshold that prevents any marked slide since late 2024. If this floor were to give way, the correction could reach 55%, especially since trend indicators (RSI below 50 and a MACD in the red) confirm the dominance of sellers.
On the derivatives market side, the situation is not improving. The buying volume on Binance has collapsed from 5.8 billion to 252 million dollars in a month, a drop of 95.7%. With a buyer/seller ratio of 0.883, short positions clearly dominate. The decline has intensified after the October liquidation and the sale of over 200 million XRP by Chris Larsen, co-founder of Ripple.
If this dynamic does not reverse, the market could test the psychological threshold of $1.50 before considering a true restart in 2026.
The moral of the story: under the sun of optimistic flows, the price of XRP prefers to sunbathe rather than run.
