NEW YORK, June 24, 2026, 11:20 (EDT)
- XRP is down roughly 2.4% at $1.07, trading close to session lows.
- U.S. spot XRP ETF assets are running 31.6% under total net inflows.
XRP dropped 2.4% to $1.07 Wednesday, trading close to its session low with the dollar climbing and broader crypto prices in decline. Bitcoin shed 2.2% to $60,857. Ether slipped 0.8% to $1,640.
U.S. spot XRP ETFs sent a clearer signal. The funds held $993 million in net assets on June 22, after pulling in $1.452 billion in total net inflows. They added another $5.31 million that day, SoSoValue data showed, as reported by PANews.
Net assets came in $459 million under total net inflows, or the difference between all money put in and taken out. That’s a 31.6% disconnect. It’s not just from one investor; buyers and sellers got in and out at a range of prices. Still, it shows the mark-to-market hit on capital run through the funds.
The new inflow was roughly 0.36% of XRP’s $1.49 billion 24-hour volume and under 0.01% of its $66.7 billion market cap. That’s part of why ETF inflows haven’t halted the slide in price. Fund buying can get lost in selling from other sources.
XRP dropped 10.6% in the past week. Bitcoin lost 6.4% and ether slid 6.9%. The global crypto market fell 4.4% in that time, so XRP fell at more than double the market pace.
XRP stayed under pressure in June. At Wednesday’s live price, it was off about 19.6% from $1.331 at the start of the month. Bitcoin slipped 17.3% from June 1, and ether was down about 18.2%.
Fund demand is still strong. Bitwise CEO Hunter Horsley said the company’s U.S. and European XRP products took in “over $200,000,000 of inflows year to date.” That total includes Bitwise offerings from both regions, not the full U.S. ETF market. X (formerly Twitter)
XRP slipped after Ripple said it got a preliminary nod for a crypto-asset service provider licence in Luxembourg under the EU’s MiCA regulations. Final approval is still pending. If granted, Ripple could offer services to clients in the European Economic Area’s 30 countries. “We are seeing that demand accelerate across the region,” Cassie Craddock, Ripple’s managing director for Britain and Europe, said. The licence covers Ripple’s services, not XRP itself. Ripple
Dollar gains for third straight session, hits year high on Fed bets The dollar climbed again, marking its third consecutive gain, as traders bet on higher odds for a Federal Reserve rate hike. “When markets move so rapidly, in either direction, it’s a sign of instability,” Michael McCarthy, market analyst at Moomoo Securities Australia, said. Reuters
Faster ETF inflows or a weaker dollar might help XRP. Traders see $1.05 to $1.10 as support on the downside. A fall through $1.05 would open up $1.00, while getting above $1.18 could calm near-term pressure.
