XRP ETF Investments Persist Even as Price Dips Below Critical $2 Support Threshold

Spot XRP (XRP) exchange-traded funds have continued to pique investor interest, amassing nearly $1 billion in inflows since their inception. Unfortunately, this momentum did not enable bulls to maintain the price above the critical $2 support level.

Key takeaways:

• Spot XRP ETFs have experienced inflows for 20 consecutive days, totaling $1.2 billion.

• The XRP price has extended its downtrend, dipping below a pivotal moving support level.

Spot XRP ETFs amass $1 billion within three weeks

US-based spot XRP ETFs have recorded inflows for 20 straight days, highlighting institutional demand for the asset native to the network.

According to data from SoSoValue, XRP ETFs added $20.2 million on Friday, bringing total inflows to $990.9 million and cumulative assets to over $1.2 billion. The Franklin XRP ETF (XRPZ) led the day with $8.7 million in inflows, boosting its net assets to $175 million. 

Related: XRP buy signal emerges as funding rate turns deeply negative: Will bulls step in?

The Bitwise XRP ETF (XRP) and Canary XRP ETF (XRPC) were the only other products to record inflows on Dec. 12, while the Grayscale XRP Trust ETF (GXRP) and 21shares XRP ETF (TOXR) saw no activity.

The strong performance of XRP ETFs reflects confidence from institutional investors. In contrast, spot Bitcoin (BTC) ETFs recorded $49 million in inflows on the same day.

Spot Ether (ETH) ETFs reported $19.4 million in outflows, decreasing their cumulative inflows to $13.1 billion. The funds also lost $42.3 million on Thursday.

“US spot $XRP ETFs have now logged 20 consecutive days of inflows since launch, even while $BTC and $ETH ETFs face outflows,” stated analyst Bitcoinsensus in a Monday post on X, adding:

“Institutional demand for XRP is rapidly intensifying.”

As reported by Cointelegraph, the demand for XRP ETFs supports a bullish outlook for the altcoin, with a potential rally to $10 still anticipated for 2026.

XRP price breaches key support levels

Despite the ongoing demand for XRP ETFs, the price has failed to stay above $2, with technical indicators suggesting a deeper correction may be forthcoming.

On Monday, XRP’s price continued its downward trajectory, declining over 11% over the last 10 days and dipping below $2 for the second occurrence since Nov. 21. 

The XRP/USDT pair is currently testing a daily order block near $1.93, which features limited support, according to data from Glassnode.

Glassnode’s UTXO realized price distribution (URPD), which indicates the average prices at which SOL holders bought their coins, shows smaller clusters of buy levels beneath $1.90. This suggests that fewer holders are likely to defend the price in that range. 

The next major support level lies at $1.78, where approximately 1.85 billion XRP were previously acquired.

If the price breaks below this support, it could decline toward the indicated green zone, backed by the $1.61 local low and the 200-week exponential moving average (EMA), which is around $1.40 and serves as the last line of defense for XRP’s price.

XRP’s downside momentum is also evident, as the relative strength index (RSI) has reached its lowest point since July 2024. 

As reported by Cointelegraph, if the price drops below $2, the XRP/USDT pair could further decline to $1.75 and subsequently to the local low at $1.61.

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