XRP ETF Sees Strong Inflows But Fails to Boost Token Price

XRP ETF's Record-Breaking Launch and Price Performance

The launch of Canary Capital's XRP ETF on Nasdaq drew significant attention with a first-day trading volume of $59 million, setting a record among over 900 ETF launches in 2025. However, the token's price has decreased nearly 11% since the ETF's debut, driven by whale selling and broader market pressures.

Data from SoSoValue indicates that the ETF amassed $245 million in inflows on its opening day, rising to over $268 million in the following days. Despite this, XRP's price dropped to $2.14, marking a 5.22% decline in one day.

Whale Activity and Market Conditions

Significant whale activity has contributed to XRP's price decline. Reports suggest that whales offloaded around 200 million XRP within 48 hours of the ETF's launch, negating the positive impact of institutional investments.

Moreover, the broader cryptocurrency market has experienced a loss of $1.1 trillion over the past 41 days, exerting additional pressure on XRP.

Institutional Impact and Future Outlook

Experts highlight that institutional investments often take time to affect prices significantly. The lag between ETF inflows and price movements may persist until 2026, contrary to retail expectations.

Technical indicators suggest a potential market bottom for XRP, as its Net Unrealized Profit and Loss (NUPL) dropped to its lowest level in a year, potentially signaling an end to recent struggles.